Cerberus Capital Management Provides $90M Loan For Industrial Property In Hunts Point

The property asset involved in the transaction is an industrial facility located at 1132 Oak Point Avenue in Hunts Point. The total square footage of the asset is 150,848, with a loan amount of $90,000,000 provided by Cerberus Capital Management. The landlord for this property is Innovo Property Group.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $90,000,000
• Address: 1132 Oak Point Avenue
• Market: Hunts Point
• Asset Size: 150,848 SF
• Lender: Cerberus Capital Management
• Landlord: Innovo Property Group

The key individuals and companies involved in this deal include Cerberus Capital Management as the lender and Innovo Property Group as the landlord of the property. No other parties are mentioned in relation to this transaction.