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Morris Bailey Of JEMB Realty Corporation Secures $125 Million Refinance Loan For Brooklyn Office

Property Image
FINANCED
$125,000,000
Jordan (Jordy) Roeschlaub
Nick Scribani
+ 1

New York

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Office276,864 SF
Financed 12/16/2025
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Property Image
FINANCED

Morris Bailey Of JEMB Realty Corporation Secures $125 Million Refinance Loan For Brooklyn Office

235 Duffield Street

See Similar Deals
Office276,864 SF
Financed 12/16/2025
Jordan (Jordy) Roeschlaub
Nick Scribani
+ 1
Contact now

Summary

NEW YORK
Asset Type:Office
Price Per Square Foot:$451
Total Square Footage:276,864 SF
Transaction Type:Loan

The property asset involved in the transaction is an office located at 1 Willoughby Square, 235 Duffield Street in Brooklyn, featuring a total square footage of 276,864. The loan amount secured for this asset is $125,000,000 under a refinance agreement.

Summary of transaction details:

The key individuals involved in the deal include Christian Sewing, who is representing Deutsche Bank as the lender, and Morris Bailey, who serves as the landlord through JEMB Realty Corporation. The landlord's representation is facilitated by a team from Newmark including Jordan Roeschlaub, Nick Scribani, Max Ralby, and Chris Lozinak.

Players

Nick Scribani
193 deals$55.3B volume(212) 372-2113
BROKER

Max Ralby
Newmark
74 deals$3.8B volume
BROKER

Jordan (Jordy) Roeschlaub
Newmark
324 deals$97.5B volume
BROKER

Chris Lozinak
Newmark
11 deals$3.6B volume
BROKER

Newmark
BROKERAGE


Details

FINANCED
IMAGE: Jordan Roeschlaub, Nick Scribani, Morris Bailey, Christian Sewing, Jerome Morris, Chris Lozinak, Max Ralby, Ricky Braha & Adam Spies DATE: 12/16/2025 ADDRESS: 1 Willoughby Square - 235 Duffield Street MARKET: Brooklyn ASSET TYPE: Office ~ SF: 276,864 LENDER: Christian Sewing - Deutsche Bank (@DeutscheBank) LANDLORD: Morris Bailey - JEMB Realty Corporation LANDLORD'S REP: Jordan Roeschlaub, Nick Scribani, Max Ralby & Chris Lozinak - Newmark (@Newmark) LOAN AMOUNT: $125,000,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$125,000,000.00

Monthly NOI$833,333.33
Monthly Debt Service$790,085.03
Change in Cash Flow$0.00
Refinance Proceeds$0.00