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Walker & Dunlop Capital Markets Institutional Advisory recently arranged a $285,000,000 bridge loan to an affiliate of Madison Realty Capital, to refinance Greenpoint Central, a newly built, 473-unit Class-A multifamily property in Brooklyn’s thriving Greenpoint neighborhood.
Led by Sean Reimer, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Keith Kurland, Dustin Stolly, Ari Hirt, Cole Grims, and Nicholas Gilhooley, the team arranged the loan from TPG Real Estate Credit.
“Located in a prime Greenpoint location with access to scenic river views and convenient proximity to Brooklyn, Queens, and Manhattan, this property offers an intimate, livable alternative to Manhattan and other parts of Brooklyn,” said Sean Reimer, managing director at Walker & Dunlop. “We’re proud to represent Madison Realty Capital in refinancing this construction loan, supporting funding reserves, closing, and the return of equity to investors.”