Ben Kraus & Maggie Brunn Of A&E Real Estate Secure $295M Refinance Loan From JP Morgan For 455 Units

The property asset involved in this transaction is a multifamily building located at 160 Riverside Boulevard in the Upper West Side, Manhattan, consisting of 455 residential units. The loan amount secured for this asset is $295,000,000, which serves as a refinance to support the ongoing investment in the property.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $295,000,000
• Address: 160 Riverside Boulevard
• Market: Upper West Side, Manhattan
• Units: 455
• Lender: JP Morgan
• Borrower: Ben Kraus & Maggie Brunn - A&E Real Estate
• Brokers: Robert Tonnessen & Peter Rotchford - JLL
• Loan Type: Refinance

The key individuals involved in this transaction include Ben Kraus and Maggie Brunn, representing A&E Real Estate as the borrowers of the loan. The brokerage team for this deal consists of Robert Tonnessen and Peter Rotchford from JLL, who facilitated the refinancing process with JP Morgan as the lender.