PCCP And Lincoln Equities Group Secure $45 Million Refinance For Lincoln Logistics Center In Valley Cottage

The asset involved in this transaction is an industrial property located at 621 Corporate Way in Valley Cottage. It encompasses a total square footage of 220,000. The refinancing amount secured for this property is $45 million, reflecting its value in the current market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $45,000,000
• Loan Type: Refinance
• Lender: Jeff Krasnoff - Rialto Capital Management
• Landlord: PCCP & Joel Bergstein - Lincoln Equities Group
• Brokers: Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Ari Hirt & Stanley Cayre - Walker & Dunlop

PCCP and Lincoln Equities Group were responsible for securing the refinancing deal for the Lincoln Logistics Center, with Rialto Capital Management providing the financing. Walker & Dunlop facilitated the arrangement of this significant deal involving multiple brokers in the process.