Newmark secures $159 million refinancing for mixed-use property

Brooklyn, NY Newmark has arranged a $159 million loan on behalf of Mack Real Estate Group, LLC (MREG) and its partners, including the State Teachers Retirement System of Ohio (STRS Ohio) to refinance The Greenpoint, a multifamily property. The financing was secured by co-president global debt & structured finance Jordan Roeschlaub and vice chairman Chris Kramer, in collaboration with senior managing director Peter Griesinger.

“This deal signifies the ongoing commitment to fostering high-quality residential and commercial spaces in New York City, enhancing both the living and business environment in Brooklyn,” said Kramer. “We’re grateful to have worked on this transaction.”

The Greenpoint offers 368 multifamily rental units crafted to deliver unobstructed views of the Manhattan skyline. The 400-foot-tall, 40-story property also includes an additional 46,176 s/f of commercial space and a 297-space parking garage. Residents benefit from its proximity to the New York City ferry and G subway stop.

The Greenpoint was developed in 2018. Apollo Global Management provided the financing.

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Meridian Capital Group arranges 10-year retail lease for Mess at 236 West 10th St.

Manhattan, NY According to Meridian Capital Group, Jordan Langer, Noam Aziz and Carson Shahrabani of the firm’s retail leasing team have arranged a five-year lease at 236 West 10^thSt. in Greenwich Village

Houlihan Lawrence Commercial sells residential development site for $2.1 million

Houlihan Lawrence sells development site for $2.1m

GFP Real Estate signs Knit Illustrated to 4,051 s/f five-year lease at 247 West 37th St.

GFP R.E. signs Knit Illustrated to 4,051 s/f at 247 West 37th St.

The Feil Organization signs 15-year, 46,000 s/f renewal with Thompson Coburn LLP at 488 Madison Ave.

Feil signs 46,000 s/f renewal with Thompson Coburn at 488 Madison Ave.

Cushman & Wakefield arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma, LLP

C&W arranges 16,051 s/f lease at 125 Broad St. to Harris Trzaskoma

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