Rockrose Development Secures $230M Loan For 200 Water Street Multifamily In Financial District

The property involved in this transaction is located at 200 Water Street in the Financial District. It is a multifamily asset with a total square footage of 430,147. The property consists of 576 units.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $230,000,000
• Address: 200 Water Street
• Market: Financial District
• Square Footage: 430,147
• Units: 576

The lender in this transaction is Equitable Financial Life Insurance Company. The landlord involved is Rockrose Development, represented by Richard Brancato. The brokers involved in the deal are Andy Singer and Scott Singer from Avison Young.

The loan amount for this transaction is $230,000,000, with a fixed-rate term of 10 years.