Monday Properties And KPR Centers Secure $19.5M Refinance Loan From Webster Bank For Industrial Facility

An industrial facility located at 1 Half Moon Bay Drive, Croton-on-Hudson, is involved in a refinancing transaction. The asset encompasses a total area of 118,911 square feet and has secured a loan amounting to $19,500,000. The lending institution facilitating this refinancing is Webster Bank.

Summary of transation details:

• Property Type: Industrial
• Transaction Amount: $19,500,000
• Lender: Webster Bank
• Landlord: Anthony Westreich - Monday Properties & KPR Centers
• Broker: Jillian Mariutti - JLL
• Loan Type: Refinance

This refinancing was organized by JLL Capital Markets, specifically supporting Monday Properties and KPR Centers in their transaction with Webster Bank.