Apollo Global Management Provides $97M Refinance Loan For Forest Hills Multifamily Property

Located at 69-65 Yellowstone Boulevard in Forest Hills, Queens, the multifamily property spans 182,000 square feet and comprises 166 units. The property owners are Martin Nussbaum from Slate Property Group, along with David Schwartz and Richard Grobman from Grobman Gross Properties. The loan for this asset was refinanced for a total amount of $97,000,000, provided by Apollo Global Management.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $97,000,000
• Landlord: Martin Nussbaum - Slate Property Group, David Schwartz & Richard Grobman - Grobman Gross Properties
• Lender: Apollo Global Management
• Brokers: Daniel Fromm, Dustin Stolly, Jordan Roeschlaub - Newmark

The key individuals involved in this deal include Jordan Roeschlaub, Dustin Stolly, Martin Nussbaum, Daniel Fromm, David Schwartz, and Scott Weiner. The brokers representing the transaction were Daniel Fromm, Dustin Stolly, and Jordan Roeschlaub from Newmark. Notably, Scott Weiner was also part of the transaction but was not mentioned in the initial property details.