facebook
Traded Co logo
Submit a Deal

Deutsche Bank Provides $145M Refinance Loan For Multifamily Building At 180 Broome St. Lower East Side

180 Broome Street
PointingArrow
ShareContact

This MultiFamily property located in NY received a loan of $145,000,000 almost 2 years ago. The brokers of the deal were Jonathan Schwartz, Aaron Appel, Adam Schwartz, Keith Kurland, and Mo Beler

The Artisan at Essex Crossing, located at 180 Broome St. in the Lower East Side, is a multifamily property with 263 units. The property spans 233,000 square feet and is owned by Taconic Partners, L+M Development, BFC Partners, and Goldman Sachs. The loan, totaling $145,000,000, was secured from Deutsche Bank for the purpose of refinancing the property. The transaction took place on June 9, 2022.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $145,000,000
  • Address: 180 Broome St.
  • Market: Lower East Side
  • Square Footage: 233,000
  • Units: 263

The brokers involved in the deal were Jonathan Schwartz, Aaron Appel, Adam Schwartz, Keith Kurland, Mo Beler, and Sean Reimer from Walker & Dunlop. They represented the parties involved in the transaction. It is worth noting that Taconic Partners, L+M Development, BFC Partners, and Goldman Sachs acted as the landlords in this deal.

View Related

Deals
  • Location
    180 Broome Street, New York City, New York 10002, United States180 Broome Street, New York City, New York 10002, United States
  • Loan Value
    $145,000,000$145,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    5 Brokers, 1 Agency, 1 Lender5 Brokers, 1 Agency, 1 Lender

Agents

Mo Beler

Mo Beler

Deals26
Financed$4.9B

Keith Kurland

Keith Kurland

Deals80
Financed$12.8B

Adam Schwartz

Adam Schwartz

Deals73
Financed$11B

Aaron Appel

Aaron Appel

Deals92
Financed$15.1B

Agency

Walker & Dunlop

Walker & Dunlop

Agency
Deals607
Volume$76.5B

Deutsche Bank

Deutsche Bank

Lender
Deals117
Volume$ 2.7T

Social

Deal Summary

LOAN IMAGE: Jonathan Schwartz, Aaron Appel, Adam Schwartz, Keith Kurland, Mo Beler & Sean Reimer DATE: 06/09/2022 ADDRESS: 180 Broome St. MARKET: Lower East Side ASSET TYPE: Multifamily ~ SF: 233,000 ~ UNITS: 263 LENDER: Deutsche Bank (@DeutscheBank) LANDLORD: Taconic Partners, L+M Development, BFC Partners (@BFCPartners) & Goldman Sachs (@GoldmanSachs) BROKERS: Walker & Dunlop - Jonathan Schwartz (@JonSchwartz), Aaron Appel, Adam Schwartz, Keith Kurland (@BeefyAppleSeed), Mo Beler (@MBeler) & Sean Reimer LOAN AMOUNT: $145,000,000 LOAN TYPE: Refinance LOAN TERMS: The Artisan at Essex Crossing

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

180 Broome Street

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits