Natixis Secures $158.2 Million Financing for Multifamily Property
Natixis Corporate & Investment Banking Provides Financing
Recently, Natixis Corporate & Investment Banking successfully completed a financing deal amounting to $158.2 million. This financing was provided to a global investment firm for the purpose of refinancing 1 Queens Plaza South Tower. This impressive multifamily property features 391 residential units and represents a key asset in the real estate market.
A Look at 1 Queens Plaza South Tower
The property, which was constructed in 2017, stands 45 stories tall and offers its residents breathtaking views of the skyline, particularly of Manhattan and the broader New York City area. Residents of this Class A multifamily building can enjoy an extensive range of amenities including a rooftop pool, two terraces, a fitness center, a yoga studio, a game room, various lounges, valet service, and a 24-hour attended lobby. This comprehensive amenity package enhances the living experience for all tenants.
Accessibility and Location
Conveniently located, the property is well-served by a variety of subway lines, making it easily accessible for daily commuters. The nearby N, R, W, E, F, M, and 7 trains provide efficient transportation options, alongside the proximity to the Hunters Point South Ferry stop, which is just 1.5 miles away, enhancing connectivity for residents.
The Role of the Management Team
The management of 1 Queens Plaza South Tower is handled by Stonehenge, a respected name in property management, known for ensuring high standards of living and maintaining excellent facilities for residents.
Financing Arrangements
The financing was skillfully arranged by two seasoned professionals, Lawrence Britvan and Michael Straw, from the New York City office of CBRE. Their expertise in such large-scale financing arrangements reflects their profound understanding of the real estate market and the unique needs of investors.
About Natixis Corporate & Investment Banking
Natixis Corporate & Investment Banking is recognized as a prominent global financial institution, specializing in various services such as advisory, investment banking, financing, and corporate banking. The institution serves a diverse clientele, including corporations, financial institutions, and sovereign organizations across the globe, allowing for a vast reach in the financial landscape.
International Presence and Commitment
With teams operating in around 30 different countries, Natixis CIB focuses on advising clients on strategic development initiatives that allow for business growth and transformation. The firm has also shown a strong commitment to sustainable finance, aiming to align its portfolio with carbon neutrality goals by 2050 while assisting its clients in minimizing their environmental footprint.
Strength through Collaboration
As a member of Groupe BPCE, which is the second-largest banking group in France, Natixis CIB gains significant advantages, including the financial backing provided by both the Banque Populaire and Caisse d'Epargne networks. This affiliation enhances Natixis' ability to deliver substantial financial solutions to clients while maintaining robust financial ratings across leading credit rating agencies.
Contact Information
For media inquiries, you can connect with Tara Flanagan at Prosek Partners. They can be reached at +1 646 818 9022 for any press-related questions. Communication is streamlined to ensure timely responses to your inquiries as you engage with Natixis.
Frequently Asked Questions
1. What is the amount of financing provided by Natixis?
Natixis provided $158.2 million in financing to refinance a multifamily property.
2. What is unique about 1 Queens Plaza South Tower?
This property offers striking skyline views of Manhattan and features numerous high-end amenities for residents.
3. Who manages 1 Queens Plaza South Tower?
The property is managed by Stonehenge, a notable name in property management.
4. What types of services does Natixis offer?
Natixis provides advisory, investment banking, financing, and corporate banking services globally.
5. What is Natixis' commitment toward environmental sustainability?
Natixis aims to align its financing portfolio with carbon neutrality by 2050, indicating a strong focus on sustainable practices.
About The Author
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