**Rockpoint and Brooksville Secure $275M Refinancing for Wall Street Multifamily Property**
Newmark has successfully arranged a $275-million loan to refinance 63-67 Wall Street, a prominent two-tower multifamily asset situated in Lower Manhattan’s Financial District. The financing was secured on behalf of property owners Rockpoint and Brooksville Company, with funding provided by Apollo Global Management. The deal was arranged by Newmark’s Jordan Roeschlaub, co-president of Global Debt & Structured Finance, alongside vice chairmen Nick Scribani and Chris Kramer.
Rockpoint and Brooksville Company originally acquired 63-67 Wall Street in 2016 from DTH Capital and Metro Loft Management. Since taking ownership, the firms have made significant investments in the property, including extensive apartment renovations, upgrades to common areas and amenities, and a reconfiguration of the retail space.
The 816-unit residential complex spans an entire city block between Beaver and Hanover streets. Originally built as separate office buildings, 67 Wall Street was constructed in 1921 to serve as the headquarters for the Munson Shipping Company, while 63 Wall Street was built in 1928 for Brown Brothers Harriman & Co. Both buildings were later converted into residential apartments, with 67 Wall’s transformation completed in 2006 and 63 Wall’s conversion finishing in 2004.
