Real Estate Finance

Metro Loft’s Nathan Berman, GFP Real Estate’s Jeff Gural and 25 Water Street (Edge Funds, Getty, Metro Loft, GFP Real Estate)

GFP, Metro Loft close on $536M loan at 25 Water Street

January 04th 2023

The three partners planning a 1,300-unit conversion of 25 Water Street closed the $536 million loan that’s been in the works for months. Michael Dell’s MSD Partners and Apollo Commercial…

Source: The Real Deal
Billy Macklowe and 120 Fifth Avenue in Park Slope (Getty Images, Google Maps)

Billy Macklowe lands $143M loan for Park Slope project

November 02nd 2022

Billy Macklowe has plans and tenants in place for his Park Slope project. Now, he has construction financing, too. The William Macklowe Company and Senlac Ridge Partners landed a $143…

Source: The Real Deal