Thomas Auringer Secures $15.28 Million Refinance Loan From OceanFirst Bank For Industrial Asset In Kingston

The property asset involved in the transaction is located at 6 Kieffer Lane in the Kingston market. It is categorized as an industrial asset with a total square footage of 107,000. The refinancing loan for this property amounts to $15,280,000 and is structured with a loan term of 5 years.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $15,280,000
• Loan Type: Refinance
• Loan Terms: 5 years
• Lender: OceanFirst Bank
• Landlord: Thomas Auringer
• Broker: John Leslie

This deal involves key individuals such as Thomas Auringer, who serves as the landlord, and John Leslie, who represents the broker in the transaction. The lender facilitating the refinance is OceanFirst Bank, ensuring the financial backing for this property asset.