NEW YORK CITY-Marking his first foray into Manhattan’s commercial real estate scene, high net-worth Russian investor Alex Rovt is switching gears from the fertilizer business to trophy properties, funding a $300 million recapitalization of the iconic Bankers Trust Building at 14 Wall St. in the Financial District, unnamed sources confirm to GlobeSt.com.

A team of Carlton Advisory Services, Inc. and Iron Hound Management Co. worked on behalf of building manager Joshua Zamir at Capstone Equities on the deal, enabling Capstone to pay off the junior piece of mezzanine debt from Shorenstein.

The transaction is viewed as a major victory for Capstone, who struggled with an overleveraged capital stack despite successfully leasing up more than 650,000 square feet in the one million-square-foot tower after acquiring it in 2007. Now with a new investor in the picture, Carlton chairman Howard L. Michaels tells GlobeSt.com that the deal showcases the “continuing investor confidence in Downtown,” and also the fact that international investors are continuing to find Manhattan “very attractive.”