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Idan Ofer and Nathan Berman wasted little time securing the financing for one of Manhattan’s next major conversions. Quantum Pacific and Metro Loft Management nabbed $220 million in construction and redevelopment debt from Apollo for the project at 101 Greenwich Street in the Financial District, the Commercial Observer reported. The floating-rate debt was arranged by Newmark’s Jordan Roeschlaub, Chris Kramer and Holden Witkoff. The financing news comes only weeks after filings shed light on the partners’ plans for the property. Late last month, Ofer — an Israeli billionaire — and Berman filed plans for a 614-unit office-to-residential conversion.  They acquired […]

This article originally appeared on The Real Deal. Click here to read the full story.

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