• 13 Jun, 2025

Natixis Corporate & Investment Banking provides $158.2 million to refinance Long Island City multifamily property

Natixis Corporate & Investment Banking provides $158.2 million to refinance Long Island City multifamily property

NEW YORK, June 12, 2025 -- Natixis Corporate & Investment Banking originated a $158.2 million, floating-rate financing to an entity affiliated with a global investment firm to refinance 1 Queens Plaza South Tower, a 391-unit, Class A multifamily property located in Long Island City, Queens, New York.

Built in 2017, the property is comprised of 45 stories, which offers residents panoramic skyline views of Manhattan and the greater New York City area. The property's amenity package includes a rooftop pool, two rooftop terraces, a fitness center, yoga room, a game room, multiple lounges, on-site valet service and a 24-hour attended lobby.

The property is accessible to multiple subway lines including the N, R, W, E, F, M, and 7 trains and is 1.5 miles from the Hunters Point South Ferry stop.

The property is managed by Stonehenge.

The financing was arranged by Lawrence Britvan and Michael Straw from the New York City office of CBRE.

About Natixis Corporate & Investment Banking
Natixis Corporate & Investment Banking is a leading global financial institution that provides advisory, investment banking, financing, corporate banking and capital markets services to corporations, financial institutions, financial sponsors and sovereign and supranational organizations worldwide.

Our teams of experts in about 30 countries advise clients on their strategic development, helping them to grow and transform their businesses, and maximize their positive impact. Natixis CIB is committed to aligning its financing portfolio with a carbon neutrality path by 2050 while helping its clients reduce the environmental impact of their business.

As part of Groupe BPCE, the second largest banking group in France through the Banque Populaire and Caisse d'Epargne retail networks, Natixis CIB benefits from the Group's financial strength and solid financial ratings (Standard & Poor's: A+, Moody's: A1, Fitch: A+, R&I: A+).

Press contact:
Tara Flanagan, Prosek Partners
Tel: +1 646 818 9022
tflanagan@prosek.com

cib.natixis.com

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