FINANCED
Brookfield Properties Refinances Greenpoint Mixed Use Property For $330M
2 Blue Slip
Mixed-use
Summary
Loan
NEW YORK
Mixed-use
Two Blue Slip, a mixed-use property located in Greenpoint, has recently undergone a significant transaction. The property encompasses 421 units and spans across 22.0 acres. The deal, facilitated by MF1 Capital, involved a refinancing loan amount of $330,000,000, with a 5-year, floating-rate term.
Summary of transaction details
- Property Type: Mixed use
- Transaction Amount: $330,000,000
- Address: Two Blue Slip
- Market: Greenpoint
- Units: 421
- Acres: 22.0
Brookfield Properties, represented by Bruce Flatt and Brian Kingston, served as the landlord in this transaction. CBRE's Tom Traynor, James Millon, Mark Finan, and PJ Finley acted as the brokers. Their expertise and negotiation skills played a crucial role in facilitating the deal.
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Details
FINANCED
IMAGE: James Millon, Tom Traynor, Bruce Flatt, Brian Kingston, PJ Finley & Mark Finan
DATE: 01/14/2022
ADDRESS: Two Blue Slip
MARKET: Greenpoint
ASSET TYPE: Mixed use ~ UNITS: 421 ~ ACRES: 22.0
LENDER: MF1 Capital
LANDLORD: Bruce Flatt & Brian Kingston - Brookfield Properties
BROKERS: Tom Traynor, James Millon, Mark Finan & PJ Finley - CBRE
LOAN AMOUNT: $330,000,000
LOAN TYPE: Refinance
LOAN TERMS: 5-year, floating-rateView on map
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Address2 Blue Slip
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