Rockpoint and Brooksville Co. have secured a $275 million loan to refinance 63–67 Wall Street, a two-tower multifamily asset located in New York City. Newmark arranged the financing on behalf of the owners. Apollo Global Management provided the funding.
Rockpoint and Brooksville Co. acquired 63–67 Wall Street in 2016 and have since invested heavily in apartment renovations, fully upgraded common areas and amenity space and a reconfiguration of the retail space. The 816-unit residential complex was originally constructed as two separate office buildings — 67 Wall Street, built in 1921 as the headquarters for the Munson Shipping Co., and 63 Wall Street, built in 1928 as the headquarters for Brown Brothers Harriman & Co. The buildings were converted into apartments in 2006 and 2004, respectively.
Located in the heart of the Financial District, the property today provides residents with access to fine dining and shopping and immediate proximity to numerous transp
