PCCP And Lincoln Equities Group Secure $45 Million Refinance For Lincoln Logistics Center In Valley Cottage
New York
See Similar DealsPCCP And Lincoln Equities Group Secure $45 Million Refinance For Lincoln Logistics Center In Valley Cottage
621 Corporate Way
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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.
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