Brookfield Provides $272.5M Construction Loan For Financial District Multifamily Property | 160 Water Street | Brookfield | Kempton Coady, Gideon Gil, Alex Lapidus Okin, Adam Spies | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

533,000 sqft

The multifamily property located at 160 Water St. in the Financial District has been involved in a recent transaction. The property spans a total square footage of 533,000 and consists of 588 units. The transaction details reveal that the loan amount obtained for this property was $272,500,000, and the loan type was construction.

Summary of transaction details:

Property Type: Multifamily
Transaction Amount: $272,500,000
Address: 160 Water St.
Market: Financial District
Square Footage: 533,000
Number of Units: 588

The lender for this transaction was Brookfield, while the landlord was the Vanbarton Group. The deal was facilitated by Gideon Gil, Kempton Coady, Alex Lapidus, and Adam Spies from Cushman & Wakefield.

Players

All
7

Agents
4
Agencies
2
Lenders
1

Kempton Coady

Senior Director

Gideon Gil

Executive Managing Director

$1.8B Sold

Alex Lapidus Okin

Director

$435M Sold

Adam Spies

Co-Head of U.S. Capital Markets

$30.9B Sold

Cushman & Wakefield

Newmark

Brookfield

Details

Deal Summary

FINANCED

IMAGE: Adam Spies, Gideon Gil, Kempton Coady & Alex Lapidus DATE: 08/31/2022 ADDRESS: 160 Water St. MARKET: Financial District ASSET TYPE: Multifamily ~ SF: 533,000 ~ UNITS: 588 LENDER: Brookfield LANDLORD: Vanbarton Group BROKERS: Gideon Gil, Kempton Coady, Alex Lapidus & Adam Spies - Cushman & Wakefield (@CushWake) LOAN AMOUNT: $272,500,000 LOAN TYPE: Construction

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Address160 Water Street

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