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(Bloomberg) -- Apollo Global Management Inc. provided a $275 million loan to refinance a pair of apartment towers in Manhattan’s financial district.

The two-building complex at 63-67 Wall St. has been owned by a partnership of Rockpoint and Brooksville Co. since 2016, according to a statement Monday. The owners have invested in renovations including upgraded common areas and amenity spaces.

A Newmark Group Inc. team of Jordan Roeschlaub, Nick Scribani and Chris Kramer arranged the financing on behalf of the owners, according to the statement.

Lenders have been active in financing luxury residential projects in places like Manhattan and South Florida, as demand for housing remains high. Apollo recently provided a loan for Manhattan’s 685 First Ave. in a deal that valued the tower at 16% above its 2022 sale price. In November, the firm’s affiliates originated construction financing for luxury condos in South Florida.

The complex on Wall Street, with more than 800 units, was originally two separate office buildings before being converted to apartments in 2006 and 2004. One tower was built in 1921 as the headquarters for the Munson Shipping Co., and the other was constructed in 1928 as the headquarters for Brown Brothers Harriman & Co.