Sheridan Capital Facilitates $14M Refinance Loan For Hotel In Jamaica, Queens

An undisclosed property in Jamaica, Queens has recently undergone a refinancing deal. The asset, a hotel spanning 29,754 square feet, is located at 97-26 147th Place. The transaction involved a loan amount of $14,000,000.

Summary of transation details

• Property Type: Hotel
• Transaction Amount: $14,000,000
• Address: 97-26 147th Place, Jamaica, Queens
• Square Footage: 29,754
• Loan Type: Refinance
• Broker: Sheridan Capital

Sheridan Capital played a key role in facilitating the refinancing deal for this undisclosed hotel property in Jamaica, Queens. The loan was secured on 01/29/2024 and was mandated to refinance the existing debt on the property.