Steven Roth Of Vornado Realty Trust And Laurence Gluck Of Stellar Management Secure $675 Million Loan In Tribeca

The asset involved in this transaction is a multifamily property located at 310 Greenwich Street, 40 Harrison Street, and 80 North Moore Street in the Tribeca market of Manhattan, comprising a total of 1,328 units. The property recently secured a loan amounting to $675,000,000, refinancing a similar-sized loan that was due in July.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $675,000,000
• Address: 310 Greenwich Street, 40 Harrison Street & 80 North Moore Street
• Market: Tribeca, Manhattan
• Units: 1,328
• Lender: Deutsche Bank, Morgan Stanley, Wells Fargo & Bank of America
• Landlord: Steven Roth - Vornado Realty Trust & Laurence Gluck - Stellar Management

The key individuals involved in this transaction include Steven Roth representing Vornado Realty Trust and Laurence Gluck representing Stellar Management. Their roles as landlords were critical in securing the financing from the consortium of banks noted above.