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Report: SL Green helps provide $385M loan for NYC rental tower

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Report: SL Green helps provide $385M loan for NYC rental tower

SL Green Realty Corp., Deutsche Bank and USAA provided a $385 million loan package to Metro Loft Management to refinance the latter's 24-story rental conversion at 180 Water St. in Manhattan, N.Y., The Real Deal reported, citing property records and sources.

Metro Loft recently closed a deal to buy out Vanbarton Group, its development partner for the property, for $450 million.

The publication noted that Metro Loft managing principal Nathan Berman did not immediately respond to a request for comment.