World Wide Group & Rabina Secures $160.25 Million Refinance Loan From KKR Real Estate In Long Island City

The property asset involved in this transaction is a multifamily building located at 41-42 24th Street in the Long Island City market. The asset comprises a total of 421 units and has secured a refinance loan amounting to $160,250,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $160,250,000
• Lender: KKR Real Estate
• Landlord: World Wide Group & Rabina
• Brokers: Christopher Peck, Lauren Kaufman & Michael Shmuely - JLL
• Loan Type: Refinance

Key individuals involved in this deal include Christopher Peck, Lauren Kaufman, and Michael Shmuely, who are the brokers representing the landlords World Wide Group and Rabina during this transaction.