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Fried, Frank, Harris, Shriver & Jacobson LLP

07/06/2026 | Press release | Archived content

Grubb Properties Secures $377M in Construction Financing for Link Apartments 8 Carlisle

Press releases | July 6, 2026

Fried Frank advised Grubb Properties on securing a $377 million construction financing for its residential development, Link Apartments 8 Carlisle, at 8 Carlisle Street in the Financial District of Manhattan. The financing will facilitate the completion and lease-up of the 64-story, 462-unit rental development building. Maxim Capital Group provided a $300 million senior mortgage loan, while GreenBarn Investment Group, Skylight Real Estate Partners, Axonic Capital and Meadow Partners co-originated $77 million of senior and junior mezzanine loans.

Real estate partner Julianne E. Befeler led the Fried Frank team, which also included real estate associates Noah H. Koeppel and Neven Sussman.

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