Apollo Global Management has provided $180 million of mortgage financing against 80 Lafayette St., a 262-unit student-housing property in the Tribeca neighborhood of Manhattan. The loan, arranged by Newmark, allowed the property’s owner, Corigin Real Estate Group of New York, to retire a $161.3 million Freddie Mac mortgage that PGIM Real Estate had provided in 2015. […]

The post Apollo Lends $180Mln Against Manhattan Student-Housing Property appeared first on Commercial Real Estate Direct.