Mitsubishi UFJ Financial Group Inc. Provides $30.9 Million Refinance For Mixed-Use Property In Lower East Side
New York
See Similar DealsMitsubishi UFJ Financial Group Inc. Provides $30.9 Million Refinance For Mixed-Use Property In Lower East Side
10 Rutgers Street
See Similar DealsSummary
The property asset involved in this transaction is a mixed-use development located at 10 Rutgers Street in the Lower East Side market, comprising a total of 83 units. The refinancing loan amount secured for this asset is $30,900,000, with Mitsubishi UFJ Financial Group, Inc. serving as the lender. The financing structure has been arranged to fortify the financial standing of the asset for its landlords, AMAC & Tokyu Land US Corporation.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $30,900,000
- Loan Type: Refinance
- Address: 10 Rutgers Street
- Market: Lower East Side
- Units: 83
- Lender: Mitsubishi UFJ Financial Group, Inc.
- Landlord: AMAC & Tokyu Land US Corporation
- Brokers: Lauren Kaufman, Michael Shmuely, John Flynn & Rob Hinckley - JLL
Key individuals involved in this deal include brokers Lauren Kaufman, Michael Shmuely, John Flynn, and Rob Hinckley, who represent the interests of the landlord in this refinancing transaction. Their collaboration highlights the strategic partnerships prevalent in the real estate lending environment, ensuring that the asset is positioned effectively within the market.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want