Signature Bank Provides $127.5M Refinance Loan For Mixed-Use Property In Astoria

The loan transaction for the mixed-use property located at 10 Halletts Point in Astoria has been closed. The property is owned by @TheDurstOrg. The loan, amounting to $127,500,000, was provided by Signature Bank. The loan is a refinance and has a term of 5 years.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $127,500,000
• Lender: Signature Bank - Joseph Fingerman
• Landlord: @TheDurstOrg
• Broker: Meridian Capital Group - Ronnie Levine & Thomas Wayda

The loan was facilitated by Joseph Fingerman of Signature Bank. Ronnie Levine and Thomas Wayda of Meridian Capital Group represented the parties involved in the transaction.