facebook

traded

+ Submit
Home

/

Deals

/

New York

/

Industrial

/

Loan

/

Interstate Crossings In Bre...

Lincoln Equities Group Secures $106 Million Refinance Loan From Apollo And CenterSquare In Brewster
FINANCEDIndustrial

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

Peter Rotchford

JLL

Broker

$8.9B

vol

63 deals

Broker
CenterSquare Investment Management
CenterSquare Investment ManagementLender

Brewster Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

Loading comparables…

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