Lincoln Equities Group Secures $106 Million Refinance Loan From Apollo And CenterSquare In Brewster
Interstate Crossings In Brewster New York
$106,000,000
$171/SF
Building Size
618,048 SF
Asset Type
Industrial
Closing
Jan 9, 2026
AI
The transaction involves a 618,048-square-foot industrial warehouse located in Brewster, N.Y. The asset is owned by Lincoln Equities Group and has been refinanced through a significant loan from notable lenders.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $106,000,000
- Lender: Apollo Global Management & CenterSquare Investment Management
- Landlord: Lincoln Equities Group
- Brokers: Peter Rotchford & Christopher Pratt - JLL
- Loan Type: Refinance
Key individuals involved in this transaction include Peter Rotchford and Christopher Pratt, who represent JLL in connection with the deal. Apollo Global Management and CenterSquare Investment Management provided the financing for the bridge loan, facilitating the refinancing process for the asset managed by Lincoln Equities Group.
Players
Brewster Industrial Market Snapshot
Boundary boundary · Industrial · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.15%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93