Bruce Ratner Obtains $159.35M Refinance Loan From Helaba For New York Multifamily Portfolio

42 44 Meserole Street, 65 North 6th Street, 105 Grand Avenue, 168 172 Meserole Street, 250 Bedford Avenue, 281 Union Avenue, 365 Union Avenue, 500 Sterling Place & 128 East 62nd Street

$159,352,214

Building Size

—

Asset Type

MultiFamily

Closing

Aug 27, 2025

AI

The property involved in this transaction is a multifamily portfolio located at 42-44 Meserole Street, 65 North 6th Street, 105 Grand Avenue, 168-172 Meserole Street, 250 Bedford Avenue, 281 Union Avenue, 365 Union Avenue, 500 Sterling Place, and 128 East 62nd Street in New York. The portfolio includes 305 units with a total square footage of 222,565. The loan amount for the refinancing is $159,352,214.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $159,352,214
Units: 305
Square Footage: 222,565
Lender: Helaba
Landlord: Bruce Ratner
Brokers: Geoff Goldstein, Steven Klein & Christopher Pratt - JLL
Date of Transaction: 8/28/2025

The transaction was facilitated by the brokers Geoff Goldstein, Steven Klein, and Christopher Pratt, representing the landlord Bruce Ratner. The refinancing was conducted in the New York market, indicating a strategic move to enhance the financial position of the portfolio under management.

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