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JLL Arranges Refi on UWS Condo Conversion
JLL has arranged a $48.7-million loan to refinance the acquisition and redevelopment of 150 W. 82nd St., a boutique residential building on Manhattan’s Upper West Side. The group worked on behalf of GreenOak Real Estate LP and Slate Property Group, to place the loan with Apollo Global Management LLC.
Vice chairman Aaron Appel, managing directors Keith Kurland, Adam and Jonathan Schwartz, EVP Michael Diaz and analyst Patrick Heitman led the JLL Capital Markets team handling the debt assignment.
The 10-story 150 W. 82nd is located between Columbus and Amsterdam avenues. The owners plan a condominium conversion of the property. When completed, the property will offer a resident lounge, gym, private backyard, private roof deck, bike storage and private storage.
GreenOak and Slate have partnered on Manhattan acquisitions in the past, including Equity Residential’s River Tower in Midtown, which they bought in 2015.
For comments, questions or concerns, please contact Paul Bubny
- ◦Financing
- ◦Sale/Acquisition

