FINANCED
Bank OZK Provides $95M Construction Loan For Multifamily Property At 300 East 50th Street In Turtle Bay, Manhattan
300 East 50th Street
MultiFamily
136,536 SF
136,536 SF
Financed 158 days ago
Summary
Loan
NEW YORK
MultiFamily
136,536 sqft
The property at 300 East 50th Street in Turtle Bay, Manhattan has been involved in a loan transaction. The loan amount is $95,000,000 and it is a construction loan. The multifamily asset has a total square footage of 136,536 and consists of 194 units.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $95,000,000
- Address: 300 East 50th Street, Turtle Bay, Manhattan
- Market: Turtle Bay, Manhattan
- Asset Type: Multifamily
- Square Footage: 136,536
- Number of Units: 194
The loan was provided by Bank OZK. The property is owned by MaryAnne Gilmartin, Jeff Rosen, and Adam Freindlich of MAG Partners, Eyal Ofer of Global Holdings, and Danny Jumblatt of Safanad. The deal was facilitated by brokers Geoff Goldstein, Jillian Mariutti, Stephen Van Leer, Rob Hinckley, Jeffrey Julien, and Nicco Lupo of JLL.
Players
All
8
Agents
6
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Jeff Rosen, Adam Freindlich, MaryAnne Gilmartin, Eyal Ofer & Danny Jumblatt
DATE: 11/30/2023
ADDRESS: 300 East 50th Street
MARKET: Turtle Bay, Manhattan
ASSET TYPE: Multifamily ~ SF: 136,536 ~ UNITS: 194
LENDER: Bank OZK (@BankOZK)
LANDLORD: MaryAnne Gilmartin, Jeff Rosen & Adam Freindlich, - MAG Partners (@Mag_Partners); Eyal Ofer - Global Holdings; Danny Jumblatt - Safanad
BROKERS: Geoff Goldstein, Jillian Mariutti, Stephen Van Leer, Rob Hinckley, Jeffrey Julien, Nicco Lupo - JLL
LOAN AMOUNT: $95,000,000
LOAN TYPE: Construction
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Address300 East 50th Street
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