Prime Finance Provides $57M Refi for East Village Multifamily Complex
109Co and Meadow Partners are the joint venture sponsors
By Brian Pascus November 2, 2026 4:40 pm
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A joint venture between 109Co and Meadow Partners has secured $56.7 million to refinance a two-building multifamily apartment complex in Manhattan’s East Village, Commercial Observer can first report.
Prime Finance provided the debt, while a Walker & Dunlop team of Dustin Stolly, Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Sean Reimer, Michael Ianno and Emily Robertson arranged the transaction.
Located at 305 East 11th Street and 310 East 12th Street, the complex includes 88 units ranging from studios to four-bedroom apartments. The complex includes elevators, an outdoor garden area, personal storage areas, on-site security systems and a new fitness center.
The property has recently been renovated by sponsorship, which will see 109Co manage each building through 620 MGMT, a dedicated property management platform.
109Co and Meadow Partners did not respond to requests for comment.
Brian Pascus can be reached at bpascus@commercialobserver.com.