NEW YORK CITY — French investment bank Natixis has provided a $260 million loan for the refinancing of AIRE, a 43-story apartment tower located at 200 W. 67th St. on Manhattan’s Upper West Side. Completed in 2010, AIRE offers studio, one-, two- and three-bedroom apartments and amenities such as a fitness center, private elevated park, event deck with a catering pavilion, children’s playroom and coworking space. AIRE also features nearly 37,000 square feet of commercial space that is predominantly leased to medical users. Lawrence Britvan and Michael Straw of CBRE arranged the floating-rate loan on behalf of the borrower, a joint venture between an undisclosed global investment firm and Gotham Organization.
NEW YORK CITY — Eastern Union has arranged a $33.4 million acquisition loan for a 144,263-square-foot medical office building in Brooklyn. The four-story building at 6201 15th Ave. is located in the Borough Park neighborhood and was most recently renovated in 2010. Alex Jaffa and Ben Halpern of Eastern Union arranged the loan, which was structured with an 80 percent loan-to-value ratio, an interest rate of 5.55 percent over a five-year term based on a 25-year amortization schedule. The direct lender was Webster Bank. The borrower was not disclosed.
ROCKVILLE CENTRE, N.Y. — Florida-based development and investment firm Basis Industrial has received a $27 million construction loan for a self-storage project that will be located in the Long Island community of Rockville Centre. Public Storage will operate the facility, which will comprise 121,500 gross square feet of space across 957 units. NexBank is the senior lender on the project, and NexPoint is the mezzanine lender. Construction is underway and is expected to be complete in early 2027.
NEW YORK CITY — Berkadia has provided a $31.8 million Freddie Mac loan for the refinancing of a 92-unit mixed-income apartment building located at 4180 Carpenter Ave. in The Bronx. The unit mix comprises nine market-rate studios and 55 market-rate one-bedroom apartments, along with one affordable studio, 23 affordable one-bedroom units and four affordable two-bedroom residences. The building, which was completed in 2024 and was 98 percent occupied at the time of the loan closing, also houses 8,000 square feet of commercial space that is occupied by Little Stars Daycare. Matt Nihan of Berkadia originated the 10-year, fixed-rate loan on behalf of the owner, New York-based owner-operator Stagg Group.
NEW YORK CITY — Sierra, an AI-driven customer service platform, has signed a 14,563-square-foot, full-floor office lease at 375 West Broadway in Manhattan’s SoHo neighborhood. The deal keeps the 76,605-square-foot building, which was originally constructed in 1863 and is currently being renovated, at full occupancy. Brett Harvey of Newmark represented the landlord, Manova Partners, in the lease negotiations. Jeff Fischer and Connor Krup of CBRE represented Sierra.
LAKE GROVE, N.Y. — Nordstrom Rack has opened a 25,000-square-foot store in Lake Grove, located on Long Island. The space is located within the 150,000-square-foot Smith Haven Plaza shopping center. Other tenants at the shopping center include Trader Joe’s, Old Navy, Athleta and Ulta Beauty. A partnership between Breslin Realty Development Corp. and Colin Development LLC owns Smith Haven Plaza.
NEW YORK CITY — Local investment and development firm Global Holdings has received a $190 million loan for the refinancing of Anagram Columbus Circle, a 26-story apartment tower located at 1 W. 60th St. in Manhattan. The building houses 123 apartments in studio, one-, two-, three- and four-bedroom layouts, as well as various resort-style amenities. J.P. Morgan and Sumitomo Mitsui Trust Bank provided the loan to Global Holdings. Christopher Peck, Peter Rotchford, Rob Hinckley, Nicco Lupo and Christopher Pratt of JLL arranged the debt.
TUCKAHOE, N.Y. — JLL has brokered the $63 million sale of Quarry Place at Tuckahoe, a 108-unit apartment complex located north of New York City in Westchester County. Built in 2016, the property features 61 one-bedroom apartments and 47 two-bedroom units with an average size of 977 square feet. Amenities include a fitness center with a yoga room and spin studio, clubroom with computer stations and a garden terrace with fire pit. Jose Cruz, Steve Simonelli and Austin Pierce of JLL represented the seller, Veris Residential, in the transaction. The buyer was Hines.
NEW YORK CITY — Locally based brokerage firm Ariel Property Advisors has arranged the $7 million sale of a mixed-use development site in the East New York area of Brooklyn. The site at 749 Van Sinderen Ave. currently houses multiple single-story warehouses and can support 103,500 square feet of buildable product. Sean Kelly, Stephen Vorvolakos and Gabriel Elyaszadeh of Ariel represented the seller in the transaction. Josh Malekan of Venture Capital Partners represented the buyer. Both parties requested anonymity.
AMHERST, N.Y. — Locally based financial intermediary Largo Capital has arranged a $9 million loan for the refinancing of an 81,569-square-foot industrial and office building in Amherst, a suburb of Buffalo. The property address was not disclosed, but the building was originally constructed in 1989 and was fully leased at the time of the loan closing. Jack Philips of Largo Capital originated the debt through an undisclosed bank. The name of the borrower was also not disclosed.