Stellar Management Secures $117 Million Refinancing Loan From Nuveen For Multifamily Asset In Brooklyn

The property asset involved in the transaction is a multifamily building located at 211 Mcguinness Boulevard in Brooklyn, comprising 240 units. The deal executed is a refinance loan with a total amount of $117,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $117,000,000
• Address: 211 Mcguinness Boulevard
• Market: Brooklyn
• Lender: William Huffman - Nuveen
• Landlord: Stellar Management
• Landlord's Representative: Jordan Roeschlaub, Nick Scribani & Max Ralby - Newmark
• Loan Type: Refinance

This transaction features key individuals including William Huffman, who represents Nuveen as the lender, and Stellar Management as the landlord in this deal. The landlord is represented by Jordan Roeschlaub, Nick Scribani, and Max Ralby, who are affiliated with Newmark.