{"id":159783,"date":"2025-11-12T01:50:12","date_gmt":"2025-11-12T01:50:12","guid":{"rendered":"https:\/\/www.aufgang.com\/?p=159783"},"modified":"2025-12-11T02:07:31","modified_gmt":"2025-12-11T02:07:31","slug":"slate-avenue-realty-receive-64m-loan","status":"publish","type":"post","link":"https:\/\/www.aufgang.com\/es\/slate-avenue-realty-receive-64m-loan\/","title":{"rendered":"Slate, Avenue Realty Receive $64M Loan for Refinancing of Brooklyn Multifamily Project"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><div data-parent=\"true\" class=\"vc_row row-container\" id=\"row-unique-0\"><div class=\"row limit-width row-parent\"><div class=\"wpb_row row-inner\"><div class=\"wpb_column pos-top pos-center align_left column_parent col-lg-2 single-internal-gutter\"><div class=\"uncol style-light\"  ><div class=\"uncoltable\"><div class=\"uncell no-block-padding\" ><div class=\"uncont\" ><\/div><\/div><\/div><\/div><\/div><div class=\"wpb_column pos-top pos-center align_left column_parent col-lg-8 no-internal-gutter\"><div class=\"uncol style-light\"  ><div class=\"uncoltable\"><div class=\"uncell no-block-padding\" ><div class=\"uncont\" ><div class=\"empty-space empty-double\" ><span class=\"empty-space-inner\"><\/span><\/div>\n<span class=\"btn-container\" ><a role=\"button\"  href=\"https:\/\/www.aufgang.com\/wp-content\/uploads\/2025\/12\/ol-REBUSINESS-WELZREFIAUFGANG.pdf\" class=\"custom-link btn btn-lg border-width-0 btn-color-jevc btn-round btn-outline btn-icon-left\" title=\"PDF\" target=\"_blank\">Download PDF<\/a><\/span><div class=\"empty-space empty-single\" ><span class=\"empty-space-inner\"><\/span><\/div>\n<div class=\"uncode-single-media  text-left\"><div class=\"single-wrapper\" style=\"max-width: 100%;\"><div class=\"tmb tmb-light  tmb-media-first tmb-media-last tmb-content-overlay tmb-no-bg\"><div class=\"t-inside\"><div class=\"t-entry-visual\"><div class=\"t-entry-visual-tc\"><div class=\"uncode-single-media-wrapper\"><img decoding=\"async\" class=\"wp-image-154279\" src=\"https:\/\/www.aufgang.com\/wp-content\/uploads\/2025\/04\/1-scaled.jpeg\" width=\"2048\" height=\"2560\" alt=\"\" srcset=\"https:\/\/www.aufgang.com\/wp-content\/uploads\/2025\/04\/1-scaled.jpeg 2048w, https:\/\/www.aufgang.com\/wp-content\/uploads\/2025\/04\/1-240x300.jpeg 240w, https:\/\/www.aufgang.com\/wp-content\/uploads\/2025\/04\/1-819x1024.jpeg 819w, https:\/\/www.aufgang.com\/wp-content\/uploads\/2025\/04\/1-768x960.jpeg 768w, https:\/\/www.aufgang.com\/wp-content\/uploads\/2025\/04\/1-1229x1536.jpeg 1229w, https:\/\/www.aufgang.com\/wp-content\/uploads\/2025\/04\/1-1638x2048.jpeg 1638w, https:\/\/www.aufgang.com\/wp-content\/uploads\/2025\/04\/1-10x12.jpeg 10w, https:\/\/www.aufgang.com\/wp-content\/uploads\/2025\/04\/1-200x250.jpeg 200w, https:\/\/www.aufgang.com\/wp-content\/uploads\/2025\/04\/1-350x438.jpeg 350w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div><\/div><\/div><\/div><\/div><div class=\"empty-space empty-single\" ><span class=\"empty-space-inner\"><\/span><\/div>\n<div class=\"divider-wrapper\"  >\n    <hr class=\"unseparator border-,Default-color separator-no-padding\"  \/>\n<\/div>\n<div class=\"empty-space empty-single\" ><span class=\"empty-space-inner\"><\/span><\/div>\n<div class=\"vc_custom_heading_wrap\"><div class=\"heading-text el-text\" ><h4 class=\"font-200792 h1 font-weight-700\" ><span>Slate, Avenue Realty Receive $64M Loan for Refinancing of Brooklyn Multifamily Project<\/span><\/h4><\/div><div class=\"clear\"><\/div><\/div><div class=\"empty-space empty-single\" ><span class=\"empty-space-inner\"><\/span><\/div>\n<div class=\"uncode_text_column\" ><\/p>\n<p class=\"p1\"><b> <\/b>NEW YORK CITY \u2014\u00a0A partnership between two local firms, owner-operator Slate Property Group and real estate private equity firm Avenue Realty Capital, has received a $64 million loan for the refinancing of <a href=\"https:\/\/rebusinessonline.com\/slate-property-group-begins-leasing-162-unit-apartment-complex-in-brooklyn\/\"><span class=\"s2\">The Welz<\/span><\/a>, a 162-unit community in the East Williamsburg area of Brooklyn. Designed by Aufgang Architects, the 19-story, newly constructed building offers studio, one- and two-bedroom units. Roughly 30 percent (49) of the residences are reserved for renters earning between 60 and 130 percent of the area median income, and residents also have access to a rooftop deck with grilling stations, a fitness center and package lockers. Daniel Fromm of Newmark arranged the three-year, floating-rate loan through Starwood Capital on behalf of the partnership.<\/p>\n<p>\n<\/div><div class=\"empty-space empty-single\" ><span class=\"empty-space-inner\"><\/span><\/div>\n<div class=\"divider-wrapper\"  >\n    <hr class=\"unseparator separator-no-padding\"  \/>\n<\/div>\n<div class=\"empty-space empty-single\" ><span class=\"empty-space-inner\"><\/span><\/div>\n<div class=\"vc_custom_heading_wrap\"><div class=\"heading-text el-text\" ><h1 class=\"font-148538 h4 font-weight-500\" ><span><span class=\"font-200792\">Link to Original Article:<\/span><\/span><\/h1><\/div><div class=\"clear\"><\/div><\/div><div class=\"empty-space empty-quart\" ><span class=\"empty-space-inner\"><\/span><\/div>\n<div class=\"vc_custom_heading_wrap\"><div class=\"heading-text el-text\" ><h1 class=\"font-148538 h5 font-weight-400\" ><span><strong><a href=\"https:\/\/rebusinessonline.com\/slate-avenue-realty-receive-64m-loan-for-refinancing-of-brooklyn-multifamily-project\/\" target=\"_blank\" rel=\"noopener\">Slate, Avenue Realty Receive $64M Loan for Refinancing of Brooklyn Multifamily Project<\/a><\/strong><\/span><\/h1><\/div><div class=\"clear\"><\/div><\/div><div class=\"empty-space empty-single\" ><span class=\"empty-space-inner\"><\/span><\/div>\n<div class=\"divider-wrapper\"  >\n    <hr class=\"unseparator separator-no-padding\"  \/>\n<\/div>\n<\/div><\/div><\/div><\/div><\/div><div class=\"wpb_column pos-top pos-center align_left column_parent col-lg-2 single-internal-gutter\"><div class=\"uncol style-light\"  ><div class=\"uncoltable\"><div class=\"uncell no-block-padding\" ><div class=\"uncont\" ><\/div><\/div><\/div><\/div><\/div><script id=\"script-row-unique-0\" data-row=\"script-row-unique-0\" type=\"text\/javascript\" class=\"vc_controls\">UNCODE.initRow(document.getElementById(\"row-unique-0\"));<\/script><\/div><\/div><\/div><div data-parent=\"true\" class=\"vc_row row-container\" id=\"row-unique-1\"><div class=\"row no-top-padding single-bottom-padding single-h-padding limit-width row-parent\"><div class=\"wpb_row row-inner\"><div class=\"wpb_column pos-top pos-center align_left column_parent col-lg-2 single-internal-gutter\"><div class=\"uncol style-light\"  ><div class=\"uncoltable\"><div class=\"uncell no-block-padding\" ><div class=\"uncont\" ><\/div><\/div><\/div><\/div><\/div><div class=\"wpb_column pos-top pos-center align_left column_parent col-lg-2 no-internal-gutter\"><div class=\"uncol style-light\"  ><div class=\"uncoltable\"><div class=\"uncell no-block-padding\" ><div class=\"uncont\" ><span class=\"btn-container\" ><a role=\"button\"  href=\"https:\/\/www.aufgang.com\/es\/auraenews\/\" class=\"custom-link btn border-width-0 btn-default btn-round btn-outline btn-icon-left\">Aurae News<\/a><\/span><div class=\"empty-space empty-single\" ><span class=\"empty-space-inner\"><\/span><\/div>\n<\/div><\/div><\/div><\/div><\/div><div class=\"wpb_column pos-top pos-left align_left column_parent col-lg-6 single-internal-gutter\"><div class=\"uncol style-light\"  ><div class=\"uncoltable\"><div class=\"uncell no-block-padding\" ><div class=\"uncont\" ><span class=\"btn-container\" ><a role=\"button\"  href=\"https:\/\/www.aufgang.com\/es\/aurae\/\" class=\"custom-link btn border-width-0 btn-default btn-round btn-outline btn-icon-left\">Aurae Home<\/a><\/span><div class=\"empty-space empty-single\" ><span class=\"empty-space-inner\"><\/span><\/div>\n<\/div><\/div><\/div><\/div><\/div><div class=\"wpb_column pos-top pos-center align_left column_parent col-lg-2 single-internal-gutter\"><div class=\"uncol style-light\"  ><div class=\"uncoltable\"><div class=\"uncell no-block-padding\" ><div class=\"uncont\" ><\/div><\/div><\/div><\/div><\/div><script id=\"script-row-unique-1\" data-row=\"script-row-unique-1\" type=\"text\/javascript\" class=\"vc_controls\">UNCODE.initRow(document.getElementById(\"row-unique-1\"));<\/script><\/div><\/div><\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A partnership between two local firms, owner-operator Slate Property Group and real estate private equity firm Avenue Realty Capital, has received a $64 million loan for the refinancing of The Welz, a 162-unit community in the East Williamsburg area of Brooklyn. <\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[108],"tags":[128],"class_list":["post-159783","post","type-post","status-publish","format-standard","hentry","category-news","tag-auraenews"],"_links":{"self":[{"href":"https:\/\/www.aufgang.com\/es\/wp-json\/wp\/v2\/posts\/159783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.aufgang.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.aufgang.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.aufgang.com\/es\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.aufgang.com\/es\/wp-json\/wp\/v2\/comments?post=159783"}],"version-history":[{"count":8,"href":"https:\/\/www.aufgang.com\/es\/wp-json\/wp\/v2\/posts\/159783\/revisions"}],"predecessor-version":[{"id":159794,"href":"https:\/\/www.aufgang.com\/es\/wp-json\/wp\/v2\/posts\/159783\/revisions\/159794"}],"wp:attachment":[{"href":"https:\/\/www.aufgang.com\/es\/wp-json\/wp\/v2\/media?parent=159783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.aufgang.com\/es\/wp-json\/wp\/v2\/categories?post=159783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.aufgang.com\/es\/wp-json\/wp\/v2\/tags?post=159783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}