Mordechai Kohn's Sunlight Clinton Realty Secures $27M Refinance From CTBC Bank For Red Hook Properties

Two industrial properties located at 744 Clinton Street and 784 Henry Street in Red Hook, Brooklyn, have a combined square footage of 85,933. These properties have recently undergone refinancing with a loan amount of $27,000,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $27,000,000
• Loan Type: Refinance
• Previous Loan Amount: $21,000,000
• Lender: CTBC Bank
• Landlord: Mordechai Kohn
• Market: Red Hook, Brooklyn

Mordechai Kohn’s Sunlight Clinton Realty executed the refinancing of the two properties. The new loan from CTBC Bank replaces a prior loan from FourLeaf Federal Credit Union.