Newmark Brokers Refinance Loan On Williamsburg Office Property For $178M | 25 Kent Avenue | Dustin Stolly, Christopher (Chris) Kramer, Daniel Fromm, Jordan (Jordy) Roeschlaub, Nick Scribani | Office | Loan

Summary

Loan

NEW YORK

Office

511,161 sqft

Located at 25 Kent Ave in Williamsburg, this office property spans a total of 511,161 square feet. The asset was recently involved in a closed transaction.

Summary of transation details

Property Type: Office
Transaction Amount: $178,000,000
Loan Type: Refinance

The loan for this transaction was provided by Apollo, represented by Marc Rowan and Scott Weiner. Rubenstein Partners, with David Rubenstein as the landlord, was the recipient of the loan. Newmark brokers Dustin Stolly, Jordan Roeschlaub, Chris Kramer, Daniel Fromm, and Nick Scribani were involved in facilitating this transaction.

Players

All
6

Agents
5
Agencies
1

Dustin Stolly

Co-President, Debt & Structured Finance

$5.1B Sold

Christopher (Chris) Kramer

Executive Managing Director

$2.4B Sold

Daniel Fromm

Senior Managing Director

$62.3M Sold

Jordan (Jordy) Roeschlaub

Co-President, Debt & Structured Finance

$4.8B Sold

Nick Scribani

Executive Managing Director

$3.2B Sold

Newmark

Details

Deal Summary

FINANCED

IMAGE: Dustin Stolly, Jordan Roeschlaub, Daniel Fromm, Nick Scribani, Scott Weiner, Marc Rowan & David Rubenstein DATE: 03/04/2022 ADDRESS: 25 Kent Ave. MARKET: Williamsburg ASSET TYPE: Office ~ SF: 511,161 LENDER: Apollo - Marc Rowan & Scott Weiner LANDLORD: Rubenstein Partners - David Rubenstein BROKERS: Dustin Stolly, Jordan Roeschlaub (@JordyRoeschlaub), Chris Kramer, Daniel Fromm (@Ddwb) & Nick Scribani - Newmark (@Newmark) LOAN AMOUNT: $178,000,000 LOAN TYPE: Refinance

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Address25 Kent Avenue

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