GFP Real Estate And Metro Loft Secure $835M Refinancing From Apollo And GIC For Multifamily Asset

The property asset involved in the transaction is located at 25 Water Street in the Financial District. The asset type is multifamily, consisting of 809,000 square feet and 1,320 units. The transaction is a refinance, with a loan amount of $835,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $835,000,000
• Address: 25 Water Street
• Market: Financial District
• Square Footage: 809,000
• Units: 1,320
• Lender: Apollo - Mark Rowan & GIC - Lim Chow Kiat
• Landlord: GFP Real Estate - Brian Steinwurtzel & Metro Loft - Nathan Berman
• Landlord's Rep: Jordan Roeschlaub, Christopher Kramer, John Caraviello & Tim Polglase - Newmark
• Loan Type: Refinance

The key individuals involved in the deal include Mark Rowan representing Apollo, Lim Chow Kiat representing GIC, Brian Steinwurtzel representing GFP Real Estate, and Nathan Berman representing Metro Loft. Additionally, Jordan Roeschlaub, Christopher Kramer, John Caraviello, and Tim Polglase acted as representatives for the landlords through Newmark.