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.