### Rockpoint, Brooksville Secure $275M Refinance for Wall Street Multifamily
Newmark has successfully arranged a $275 million loan to refinance 63-67 Wall Street, a prominent two-tower multifamily asset in Lower Manhattan’s Financial District. The financing was secured on behalf of the property’s owners, Rockpoint and Brooksville Company, with Apollo Global Management providing the funding. The deal was led by Newmark’s co-president of Global Debt & Structured Finance, Jordan Roeschlaub, along with vice chairmen Nick Scribani and Chris Kramer.
Rockpoint and Brooksville originally acquired the property in 2016 from DTH Capital and Metro Loft Management. Since taking ownership, they have made significant investments in apartment renovations, enhanced common areas and amenities, and reconfigured the retail space to optimize its potential.
The residential complex, consisting of 816 units and occupying an entire block between Beaver and Hanover Streets, has a rich history. It was originally built as two separate office buildings—67 Wall Street was constructed in 1921 as the headquarters for the Munson Shipping Company, while 63 Wall Street was built in 1928 as the headquarters of Brown Brothers Harriman & Co. Both buildings were later converted into residential apartments, with 63 Wall Street transitioning in 2004 and 67 Wall Street in 2006.
This refinancing deal underscores the ongoing demand for well-located multifamily assets in Manhattan, as well as investors’ confidence in the Financial District’s residential market.
