News & Analysis

GFP-led JV lines up $536m loan for landmark office-to-resi conversion

GFP Real Estate, Metro Loft Management and Rockwood Capital have secured a $536m loan from MSD Capital and Apollo to finance what will be the largest-ever office-to-residential conversion in the US.

Anna-Marie Beal -

7th February, 2023

Nearly there!

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GFP-led JV lines up $536m loan for landmark office-to-resi conversion

Term Sheet: The Fed’s rate reduction; Madison Realty’s $2bn fundraise; Carlyle’s...

Northwind funds $120m loan for Manhattan office-to-resi conversion

Analysis: Surprise 50 basis point rate cut sets more stable course

Nearly there!

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