Wells Fargo and Rockpoint team up again

Lending giant Wells Fargo has provided Boston-based Rockpoint Group with a $115m loan for the acquisition of the Wimbledon apartment building on the Upper East Side of Manhattan. Rockpoint paid J.P. Morgan $218m for the recently-renovated 28-story apartment building at 200 East 82nd Street, putting the loan-to-value at 52%. J.P. Morgan paid $150.8m for the property […]