2 North 6th Street

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Douglaston lands $380M refi for Williamsburg rental tower Natixis is the lender at 2 North 6th Street

Douglaston Development Chairman Jeff Levine and 2 North 6th Place in Brooklyn (Credit: Douglaston)

Douglaston Development refinanced its Williamsburg rental tower 2 North 6th Street with a $380 million loan from Natixis Capital, property records show.

The new financing package includes a $103.3 million gap mortgage and replaces a $276.7 million construction loan from Capital One, according to documents from the city s Department of Finance.爱上海同城手机版

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The 40-story, 554-unit tower topped out in late 2016, and TCOs were issued in the third quarter of 2017. It is pa上海夜网论坛

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rt of Douglaston’s four-building, 2,000-plus unit complex on the Williamsburg waterfront.

Natixis could not immediately be reached for comment. In a statement, Douglaston s chair Jeff Levine said leasing is on t上海龙凤论坛

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ime and on budget and that the loan deal went smoothly.

Meanwhile, Douglaston, headed by Jeff Levine, plans to develop a 1.1 million-square-foot mixed-use project near Hudson Yards in Manhatta爱上海同城手机版

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n.

Tags: Commercial Real Estate, Real Estate Finance
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