Newmark Brokers Arrange $300M Construction Loan For Gowanus Multifamily Property

The multifamily property located at 300 Nevins Street in Gowanus, Brooklyn spans 631,000 square feet. The recent transaction involved a loan amount of $300,000,000 for construction purposes. The lenders for this deal were Affinius Capital represented by Craig Solomon and Kennedy Wilson represented by William McMorrow. The landlords of the property are Tavros, represented by Colin Rankowitz, Dov Barnett, and Nick Silvers, as well as Charney, represented by Sam Charney.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $300,000,000
• Address: 300 Nevins Street
• Market: Gowanus, Brooklyn
• Lenders: Affinius Capital - Craig Solomon; Kennedy Wilson - William McMorrow
• Landlords: Tavros - Colin Rankowitz, Dov Barnett & Nick Silvers; Charney - Sam Charney
• Brokers: Christopher Kramer, Jordan Roeschlaub, Michael Dorfman & Holden Witkoff - Newmark

The transaction showcased the collaborative efforts of key individuals such as Jordan Roeschlaub, Michael Dorfman, Nick Silvers, Craig Solomon, Sam Charney, William McMorrow, Dov Barnett, Christopher Kramer, Colin Rankovitz, and Holden Witkoff. These individuals played pivotal roles in facilitating the loan for the construction of the multifamily property, highlighting the significance of their contributions to the successful completion of the deal.