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 166-unit multifamily complex in the bustling neighborhood of 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 newly constructed luxury project boasts modern layouts with top-of-the-line finishes and sought-after amenities. Its prime location offers easy access to Manhattan while being situated in a vibrant community.

The Yellowstone is conveniently located at the intersection of Queens Boulevard and Yellowstone Boulevard. It features contemporary layouts, high-end finishes, and desirable amenities such as a fitness center and outdoor terraces. Additionally, the property includes ground-floor retail space anchored by popular supermarket chain Trader Joe’s.

This successful refinancing deal highlights Slate Property Group’s expertise in securing financing for premier properties like The Yellowstone without compromising on quality or location.

About the Publisher:
Steve Griffin is based in sunny Palm Harbor, Florida. He’s an accountant by profession and the owner of GRIFFIN Tax and REVVED Up Accounting. In addition, Steve founded Madison Avenue Technology. With a strong passion for commercial real estate, he’s also dedicated to keeping you up to date with the latest industry news.

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