{"id":1004176989,"date":"2017-05-16T08:03:54","date_gmt":"2017-05-16T16:03:54","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004176989"},"modified":"2021-05-14T23:04:58","modified_gmt":"2021-05-15T07:04:58","slug":"ngkf-scores-59m-refi-for-greenwich-village-assets","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/ngkf-scores-59m-refi-for-greenwich-village-assets\/","title":{"rendered":"NGKF Scores $59M Refi for Greenwich Village Assets"},"content":{"rendered":"<p>By Corina Stef<\/p>\n<div id=\"attachment_1004176998\" style=\"width: 353px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Capture4.png\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" aria-describedby=\"caption-attachment-1004176998\" data-attachment-id=\"1004176998\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/ngkf-scores-59m-refi-for-greenwich-village-assets\/capture-99\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Capture4.png\" data-orig-size=\"1083,812\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"827-831 Broadway, New York City\" data-image-description=\"&lt;p&gt;827-831 Broadway, New York City&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;827-831 Broadway, New York City&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Capture4.png?w=1024\" loading=\"lazy\" class=\"wp-image-1004176998 \" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Capture4.png\" alt=\"827-831 Broadway, New York City\" width=\"343\" height=\"257\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Capture4.png 1083w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Capture4.png?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Capture4.png?resize=768,576 768w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/05\/Capture4.png?resize=1024,768 1024w\" sizes=\"auto, (max-width: 343px) 100vw, 343px\" \/><\/a><p id=\"caption-attachment-1004176998\" class=\"wp-caption-text\">827-831 Broadway, New York City<\/p><\/div>\n<p>NGKF Capital Markets has arranged a $59 million financing for three mixed-use buildings located in Lower Manhattan\u2019s Greenwich Village. LoanCore Capital provided the mortgage, which bears a variable interest rate, paying off a $32 million loan that helped finance the owners&#8217;\u00a0acquisition of the property\u00a0in 2015\u00a0for a reported $59.7 million, public records show. The assets, located at 827 Broadway, 831 Broadway and 47 E. 12<sup>th<\/sup> St., are jointly owned by Samson Klugman\u2019s Quality Capital and Leo Tsimmer\u2019s Caerus Group. NGKF\u2019s Jordan Roeschlaub and <a href=\"https:\/\/www.commercialsearch.com\/news\/ngkf-pulls-double-financing-duty-in-new-york-area\/\">Daniel Fromm<\/a>\u00a0brokered the loan.<\/p>\n<p>According to PropertyShark, the three four-story adjoining buildings were constructed in 1910 and total 36,479 square feet of mixed-use space. The front views feature 75 feet of retail on Broadway and 28 feet of retail on East 12<sup>th<\/sup> St. The upper two floors are vacant residential properties currently undergoing renovations. According to permits filed with the county\u2019s board, the owners plan to construct a 70,000-square-foot mixed-use, 14-story tower with retail space on the first three floors and office space from the fourth through the 14<sup>th<\/sup> floors. The retail units are currently occupied by Nu New York clothing store and Halstead Property. The buildings are located just south of Union Square, in the vicinity of retailers, restaurants, fitness centers, hotels and theaters.<\/p>\n<p><em>Image via GoogleMaps<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Owners Quality Capital and Caerus Group plan to renovate and expand the three adjoining buildings. NGKF Capital Markets&#8217; Jordan Roeschlaub and Daniel Fromm brokered the loan.<\/p>\n","protected":false},"author":241,"featured_media":1004176998,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21825,21752,1600,21742,10],"tags":[35583,32845,35591],"class_list":["post-1004176989","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance","category-mixed-use","category-new-york","category-latest","category-northeast","tag-caerus-group","tag-ngkf","tag-quality-capital"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NGKF Scores $59M Refi for Greenwich Village Assets - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/ngkf-scores-59m-refi-for-greenwich-village-assets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NGKF Scores $59M Refi for Greenwich Village Assets\" \/>\n<meta property=\"og:description\" content=\"Owners Quality Capital and Caerus Group plan to renovate and expand the three adjoining buildings. 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