Steel Equities Secures $71.4M Refinancing In Greenpoint, Brooklyn From J.P. Morgan Asset Management
New York
See Similar DealsSteel Equities Secures $71.4M Refinancing In Greenpoint, Brooklyn From J.P. Morgan Asset Management
59 Paidge Avenue, 215 Paidge Avenue & 99 Paidge Avenue
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Industrial properties in Greenpoint, Brooklyn have undergone a refinancing deal with a total loan amount of $71,400,000 from J.P. Morgan Asset Management, facilitated by Leart Saliu. The properties involved in the transaction are located at 59 Paidge Avenue, 215 Paidge Avenue, and 99 Paidge Avenue.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $71,400,000
- Address: 59 Paidge Avenue, 215 Paidge Avenue, 99 Paidge Avenue
- Market: Greenpoint, Brooklyn
- Lender: J.P. Morgan Asset Management - Leart Saliu
- Landlord: Joseph Lostritto - Steel Equities
Joseph Lostritto of Steel Equities secured a refinancing deal of $71.4 million from J.P. Morgan Chase, with two transactions involved. The larger transaction, valued at $52.9 million, encompasses properties located at 59 and 215 Paidge Avenue. The second transaction, valued at $18.4 million, is for the property situated at 99 Paidge Avenue.
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