Terrence Lowenberg & Todd Cohen Of Icon Realty Management Secure $105,549,000 Refinance Loan In Manhattan

This transaction involves a multifamily portfolio consisting of 18 total assets located in the Manhattan market. The loan amount secured for this refinance transaction is $105,549,000, which is facilitated by Webster Bank and Derby Copeland Capital. The landlords involved are Terrence Lowenberg and Todd Cohen from Icon Realty Management.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $105,549,000
• Lender: Webster Bank
• Lender: Derby Copeland Capital
• Landlord: Terrence Lowenberg & Todd Cohen - Icon Realty Management
• Broker: Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Sean Reimer, Michael Ianno & Sean Bastian - Walker & Dunlop
• Transaction Date: 4/30/2026
• Property Address: UES Portfolio

This deal is backed by a team of brokers from Walker & Dunlop, including Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Sean Reimer, Michael Ianno, and Sean Bastian, who facilitated the refinancing process for the landlords involved in this transaction.