Red Apple Group's Surf Avenue Mixed-Use Development Site Refinanced For $130M With Loan From Bank Of America's Brian Moynihan

The development site located at 3514 Surf Avenue in Brooklyn, New York has been refinanced for $130,000,000. The property, which is a mixed-use development site, was involved in the transaction. The deal involved Red Apple Group, represented by John Catsimatidis Jr., John Catsimatidis, and Andrea Catsimatidis, as the landlord. The lender for the transaction was Bank of America, with Brian Moynihan as the representative.

Summary of transaction details

• Property Type: Development Site Mixed-Use
• Transaction Amount: $130,000,000
• Address: 3514 Surf Avenue, Brooklyn, New York
• Landlord: Red Apple Group – John Catsimatidis Jr., John Catsimatidis, and Andrea Catsimatidis
• Lender: Bank of America – Brian Moynihan

The key individuals involved in the transaction were John Catsimatidis Jr., John Catsimatidis, Andrea Catsimatidis, and Brian Moynihan. Red Apple Group, represented by the Catsimatidis family, acted as the landlord in the deal. Bank of America, represented by Brian Moynihan, served as the lender for the refinancing.