Marc Rowan Of Apollo Provides $220M Acquisition Loan For Multifamily Asset At 101 Greenwich Street
101 Greenwich Street
$220,000,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 19, 2026
AI
The asset involved in this transaction is a multifamily property located at 101 Greenwich Street in Manhattan, comprised of 600 units. The acquisition loan amount for this property is $220,000,000.
Summary of transation details:
- Property Type: Multifamily
- Transaction Amount: $220,000,000
- Address: 101 Greenwich Street
- Market: Manhattan
- Lender: Marc Rowan - Apollo
- Landlord: Idan Ofer - Quantum Pacific & Nathan Berman - Metro Loft Management
- Brokers: Jordan Roeschlaub, Christopher Kramer, Max Ralby & Holden Witkoff - Newmark
- Loan Type: Acquisition
- Units: 600
This transaction involved prominent individuals and firms, including the landlord Idan Ofer representing Quantum Pacific and Nathan Berman from Metro Loft Management. The brokerage team from Newmark included Jordan Roeschlaub, Christopher Kramer, Max Ralby, and Holden Witkoff, who facilitated the loan arrangement. Marc Rowan from Apollo served as the lender for this acquisition deal.
Players
New York MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93