Newmark Group announced on March 3, 2025, that it arranged a $275 million loan to refinance 63-67 Wall Street, a two-tower multifamily asset located in New York City. Co-President of Global Debt & Structured Finance Jordan Roeschlaub and his team arranged the financing on behalf of owners Rockpoint and Brooksville Company.
Apollo Global Management provided the funding for the 816-unit residential complex. Rockpoint and Brooksville Company acquired the property in 2016 and have since invested heavily in apartment renovations, upgraded common areas, and reconfigured retail space.
The buildings, originally constructed as office buildings in the 1920s, were converted into apartments in 2004 and 2006. Located in the heart of the Financial District, the property provides residents with convenient access to amenities and transportation, showcasing Newmark's expertise in financing luxury urban residential developments.
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