Christian Sewing Of Deutsche Bank Provides $675M Refinance Loan For Vornado And Stellar Management Multifamily In Tribeca

The property asset involved in this transaction is a multifamily building located at 40 Harrison Street in Tribeca, Manhattan. The total square footage of the asset is 1,400,000, comprising 1,328 units. The transaction involved a refinance with a loan amount of $675,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $675,000,000
• Address: 40 Harrison Street
• Market: Tribeca, Manhattan
• Asset Size: 1,400,000 SF
• Units: 1,328
• Lender: Christian Sewing - Deutsche Bank
• Landlord: Stephen Roth & Michael Franco - Vornado; Ryan Jackson & Matt Lembo - Stellar Management
• Landlord's Representatives: Jordan Roeschlaub, Nick Scribani & John Caraviello - Newmark
• Loan Type: Refinance

This transaction involved key participants including Christian Sewing representing Deutsche Bank as the lender. The landlords for this deal are Stephen Roth and Michael Franco from Vornado, as well as Ryan Jackson and Matt Lembo from Stellar Management. The landlord's representatives are Jordan Roeschlaub, Nick Scribani, and John Caraviello from Newmark, facilitating the deal throughout the refinancing process.