Stonehenge Gardens, 108 W. 15th St. Stonehenge Gardens, 108 W. 15th St.

NEW YORK CITY—Stonehenge NYC has completed the refinancing of two of its multifamily properties in Manhattan. New York Community Bank provided a loan of $25.5 million for Stonehenge Gardens at 108 W. 15th St. and a loan of $38 million for Stonehenge Tower, with total gross proceeds of $63.5 million. The refinancing will be used to repay existing debt and to acquire new properties.

Ofer Yardeni, chairman and CEO of Stonehenge NYC, commends his firm's positive, long-term relationship with New York Community Bank.

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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.