facebook
Traded Co logo
Submit a Deal
2 & 4 Westchester Park Drive
FINANCED

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

2 & 4 Westchester Park Drive

Medical Office
218,372 SF
clock iconFinanced 331 days ago
Benjamin Morgenthal
Max Custer
Michael Klein
the dealplayerscompscontact
share iconContact now

Summary

Loan
NEW YORK
Medical Office
218,372 sqft

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.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Benjamin Morgenthal's profile picture
Benjamin Morgenthal
JLL-image
Analyst
Max Custer's profile picture
$13.5M Sold

Details

Deal Summary
minus icon
FINANCED
IMAGE: Michael Klein, Benjamin Morgenthal & Max Custer DATE: 06/27/2023 ADDRESS: 2 & 4 Westchester Park Drive MARKET: White Plains ASSET TYPE: Medical Office ~ SF: 218,372 LENDER: Centreville Bank LANDLORD: Northpath Investments BROKERS: Michael Klein, Max Custer (@GeneralCusta) & Benjamin Morgenthal - JLL LOAN AMOUNT: $17,500,000 LOAN TYPE: Refinance LOAN TERMS: Five-year, fixed-rate loan NOTE: JLL Capital Markets has successfully arranged a $17.5 million refinancing deal for 2 and 4 Westchester Park Drive, two office and medical office buildings in White Plains, New York. The five-year, fixed-rate loan was secured through Centreville Bank on behalf of the borrower, Northpath Investments.

View on map

Loading...

Address2 & 4 Westchester Park Drive

Comparables

No listingsThis user does not have deals with the selected filters yet.
Reset filters to show results.

Contact

Get in touch with the broker you want