Bruce Ratner Refinances Brooklyn Multifamily Portfolio With $157M Loan From Helaba | 500 Sterling, 65 North 6th, 105 Grand Avenue, 42-44 Meserole & 168-172 Meserole, 365 & 281 Union, 248 Bedford & 128 East 62nd Street | Helaba | Christopher "Chris" Pratt, Aaron Katz, Steven (Steve) Klein, Geoff Goldstein | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

221,800 sqft

A multifamily property in Brooklyn has been refinanced for a loan amount of $157,000,000. The property, located at 500 Sterling, 65 N. 6th, 105 Grand Avenue, 42-44 Meserole & 168-172 Meserole, 365 & 281 Union, 248 Bedford & 128 East 62nd Street, spans a total square footage of 221,800 and comprises 303 units.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $157,000,000
Market: Brooklyn
Lender: helaba''>Helaba
Landlord: Bruce Ratner
Brokers: Geoff Goldstein, Steve Klein, Christopher Pratt & Aaron Katz - JLL

The loan was secured with the assistance of Geoff Goldstein, Steve Klein, Christopher Pratt, and Aaron Katz from JLL. The landlord for the property is Bruce Ratner.

Players

All
6

Agents
4
Agencies
1
Lenders
1

Christopher "Chris" Pratt

$40M Sold

$70M Sold

Details

Deal Summary

FINANCED

IMAGE: Geoff Goldstein, Richard Lavrich, Bruce Ratner & Steve Klein DATE: 06/01/2022 ADDRESS: 500 Sterling, 65 N. 6th, 105 Grand Avenue, 42-44 Meserole & 168-172 Meserole, 365 & 281 Union, 248 Bedford & 128 East 62nd Street MARKET: Brooklyn ASSET TYPE: Multifamily ~ SF: 221,800 ~ UNITS: 303 LENDER: Helaba (@Helaba_Bank) LANDLORD: Bruce Ratner BROKERS: Geoff Goldstein, Steve Klein, Christopher Pratt & Aaron Katz - JLL (@JLL) LOAN AMOUNT: $157,000,000 LOAN TYPE: Refinance

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Address500 Sterling, 65 North 6th, 105 Grand Avenue, 42-44 Meserole & 168-172 Meserole, 365 & 281 Union, 248 Bedford & 128 East 62nd Street

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