Princeton International Properties Secures $100M Loan For 90 Broad St Property
FINANCED
$100,000,000
New York
See Similar Deals413,000 SF
Financed 03/29/2019
FINANCED
Princeton International Properties Secures $100M Loan For 90 Broad St Property
90 Broad Street, New York, NY, USA
See Similar Deals413,000 SF
Financed 03/29/2019
Summary
NEW YORK
Price Per Square Foot:$242
Total Square Footage:413,000 SF
Transaction Type:Loan
The asset involved in this context is a loan for a property located at 90 Broad St. The loan amount is set at $100,000,000, covering a total square footage of 413,000. The owner of the property is Princeton International Properties, and the lender for this transaction is New York Community Bank.
Summary of transaction details:
- Property Type: Loan
- Transaction Amount: $100,000,000
- Address: 90 Broad St
- Owner: Princeton International Properties
- Lender: New York Community Bank
- Mortgage Broker: Jeff Weinberg, Rael Gervis & Richard Sutton @meridian.capital.group
Key individuals involved in this transaction include the mortgage brokers Jeff Weinberg, Rael Gervis, and Richard Sutton, representing Meridian Capital Group. Their involvement plays a crucial role in facilitating this loan transaction for the specified property.
Players
LENDER
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$100,000,000.00
Monthly NOI$666,666.67
Monthly Debt Service$632,068.02
Change in Cash Flow$0.00
Refinance Proceeds$0.00
Is there something missing? Send suggestions