David Israni, Daniel Blanco, Ray Chalme, Ben Kahan, And Matt Sobel Secure $175 Million Construction Loan For Multifamily Asset At 80 Broad Street

The property asset involved is a multifamily unit located at 80 Broad Street in the Financial District, comprising 326 units. The transaction features a construction loan amounting to $175,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $175,000,000
• Lender: Adam Piekarski
• Landlord: David Israni, Daniel Blanco, Ray Chalme, Ben Kahan, and Matt Sobel
• Landlord's Representative: Jordan Roeschlaub, Nick Scribani, Holden Witkoff, and Niv Shahmoon - Newmark
• Date of Transaction: 3/27/2026
• Address: 80 Broad Street
• Market: Financial District

The key individuals involved in the deal include Adam Piekarski representing the lender, while the landlord is represented by Jordan Roeschlaub, Nick Scribani, Holden Witkoff, and Niv Shahmoon from Newmark, facilitating the transaction in the Financial District market.