Williams Equities Secures $65M Refinance Loan For Nine Condos In Turtle Bay

The property involved in the transaction is a collection of nine commercial condos located at 304 East 45th Street in Manhattan's Turtle Bay neighborhood. The owners, Michael T. Cohen and William E. Stempel of Williams Equities, secured a $65 million refinance loan from lender Toby Cobb of 3650 REIT for these condos.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $65,000,000
• Address: 304 East 45th Street
• Market: Turtle Bay, Manhattan
• Lender: Toby Cobb - 3650 REIT
• Landlord: Michael T. Cohen & William E. Stempel - Williams Equities
• Loan Type: Refinance

Williams Equities, represented by Michael T. Cohen and William E. Stempel, successfully secured the $65 million refinance loan from lender 3650 REIT through the facilitation of Toby Cobb. This financial transaction highlights the collaborative efforts of key individuals and companies in real estate finance and investment.