JLL Arranges $17.5M Refinancing For 2 & 4 Westchester Park Drive In White Plains

Two office and medical office buildings located at 2 and 4 Westchester Park Drive in White Plains, New York have successfully secured a $17.5 million refinancing deal. The properties have a combined square footage of 218,372 and are owned by Northpath Investments. The loan was obtained through Centreville Bank, with a five-year fixed-rate term.

Summary of transaction details

• Property Type: Medical Office
• Transaction Amount: $17,500,000
• Address: 2 & 4 Westchester Park Drive
• Market: White Plains
• Lender: Centreville Bank
• Landlord: Northpath Investments

The refinancing deal was successfully facilitated by JLL Capital Markets, with Michael Klein, Max Custer, and Benjamin Morgenthal from JLL representing the borrower. JLL played a crucial role in arranging the loan on behalf of Northpath Investments, ensuring a five-year fixed-rate term that met their financial requirements.

Please note that this transaction involved the refinancing of two office and medical office buildings in White Plains, New York. The $17.5 million loan was secured through Centreville Bank, and Michael Klein, Max Custer, and Benjamin Morgenthal from JLL were instrumental in facilitating the deal on behalf of Northpath Investments.