Broadway Stages Secures $40 Million Refinance Loan From First Republic Bank For Canarsie Industrial Property

The asset involved in this transaction is an industrial property located at 570 East 108th Street in the Canarsie neighborhood. The property spans 177,386 square feet and is owned by Broadway Stages, represented by Gina Argento. The transaction involves a refinance loan amounting to $40,000,000 provided by First Republic Bank.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $40,000,000
• Address: 570 East 108th Street
• Market: Canarsie
• Square Footage: 177,386
• Lender: First Republic Bank
• Landlord: Broadway Stages
• Representative: Gina Argento
• Loan Type: Refinance

The key individuals in this transaction include Gina Argento, who represents Broadway Stages in this refinancing deal. First Republic Bank serves as the lender for this transaction, reinforcing their role in the financing of industrial properties.