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One Seaport, 161 Maiden Lane One Seaport, 161 Maiden Lane/ Image by Google Maps

NEW YORK CITY—Fortis Property Group secured a $66 million mezzanine loan for a partial recapitalization of One Seaport. The 60-story, condominium tower is located at 161 Maiden Lane in the Financial District, near the South Street Seaport.

A Newmark Knight Frank capital markets team led by Dustin Stolly, Jordan Roeschlaub and Nick Scribani arranged the financing with a Mack Real Estate group headed by Kevin Cullinan and Jared Horowitz. Eric Schoenfeld of Tannenbaum Helpern Syracuse & Hirschtritt represented Fortis as legal counsel.

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Betsy Kim

Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.

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