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Slate Secures $97 Million Refinance for Queens Multifamily Complex

Slate Secures $97 Million Refinance for Queens Multifamily Complex

Slate Property Group and Grobman Gross Properties have successfully secured a $97 million refinancing deal for The Yellowstone, a luxurious multifamily complex in Forest Hills, Queens. The funding was provided by Apollo Global Real Estate Management L.P.

According to Martin Nussbaum, founding principal of Slate Property Group, this recently constructed project boasts modern layouts with high-quality finishes and desirable amenities. It is conveniently located in a vibrant neighborhood with easy access to Manhattan.

The Yellowstone is situated at the intersection of Queens Boulevard and Yellowstone Boulevard. This upscale property offers contemporary layouts along with premium finishes and sought-after amenities such as a fitness center and outdoor terraces. Additionally, the ground floor features retail space anchored by popular supermarket chain Trader Joe’s.

This successful refinancing deal highlights the appeal of The Yellowstone as an attractive investment opportunity in the thriving borough of Queens.

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