{"id":132451,"date":"2026-02-13T14:32:09","date_gmt":"2026-02-13T14:32:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/132451\/"},"modified":"2026-02-13T14:32:09","modified_gmt":"2026-02-13T14:32:09","slug":"affinius-capital-provides-90m-refi-for-upcoming-luxury-brooklyn-multifamily-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/132451\/","title":{"rendered":"Affinius Capital Provides $90M Refi for Upcoming Luxury Brooklyn Multifamily \u2013 Commercial Observer"},"content":{"rendered":"

New York-based developer Mordechai Piller has secured $90 million to refinance One Nine Rockwell, a 27-story luxury multifamily apartment building\u00a0 in Brooklyn, Commercial Observer can first report.\u00a0<\/p>\n

Affinius Capital<\/a> provided the debt, while Meridian Capital Group<\/a>\u2019s David Bollag arranged the transaction. The refinancing will fund the lease-up and stabilization of the property as it nears the completion of construction this year.\u00a0<\/p>\n

SEE ALSO: Multifamily Developers and Los Angeles: It\u2019s Not a Love Story<\/a><\/p>\n

Affinius Capital managing director David Greenburg, who worked on the deal, described One Nine Rockwell as a property that will benefit from high renter demand in a supply constrained market like greater Brooklyn, as well as from its rich number of transit options into Manhattan and other boroughs.\u00a0<\/p>\n

\u201cThis transaction aligns with our strategy of deploying capital into institutional grade assets with compelling long-term fundamentals,\u201d he said in a statement.\u00a0<\/p>\n

Located at 19 Rockwell Place in the Brooklyn neighborhood of Fort Greene, One Nine Rockwell will feature 174 luxury residential units spread over studios, one-bedrooms, and two-bedrooms.\u00a0<\/p>\n

The building will be broken up into 35 studios, 103 one-bedrooms, and 36 two-bedrooms and feature a tenant lounge, a library, co-working spaces, a fitness center, a pet spa, and a \u201csky lounge\u201d for residents to use on the 27th floor. The building will also include 1,200 square feet of ground floor retail space upon the completion of construction sometime this year.\u00a0<\/p>\n

Developer Mordechai Piller serves as managing member of Frankel Management and as president of Piller Capital Management. He did not respond to a request for comment.\u00a0<\/p>\n

Brian Pascus can be reached at bpascus@commercialobserver.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"New York-based developer Mordechai Piller has secured $90 million to refinance One Nine Rockwell, a 27-story luxury multifamily…\n","protected":false},"author":2,"featured_media":132452,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[56662,98,100,99,56663,36569,56664,9,24,63],"class_list":["post-132451","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brooklyn","tag-19-rockwell-place","tag-brooklyn","tag-brooklyn-headlines","tag-brooklyn-news","tag-david-bollag","tag-david-greenburg","tag-mordechai-piller","tag-new-york","tag-new-york-city","tag-nyc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/132451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=132451"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/132451\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/132452"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=132451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=132451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=132451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}