Drew Popkin Of Highpoint Property Group Refinances East Village Multifamily Buildings For $14.8M

The transaction involved two multifamily elevator buildings located at 436 East 13th Street and 442 East 13th Street in the East Village, Manhattan. The total square footage of the asset is 25,444. The refinance was executed with a loan amount of $14,800,000.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $14,800,000
• Lender: Natixis
• Landlord: Drew Popkin - Highpoint Property Group
• Number of Residential Units: 12
• Ownership Entity: 436 & 442 East 13th Street Owner LLC

Drew Popkin, representing Highpoint Property Group, played a key role in the refinancing arrangement, consolidating the financing for both properties under one loan through the lender, Natixis.