Colony Credit Real Estate Provides $74M Loan For Mixed-Use Property In Long Island

The mixed-use property located at 2100 49th Avenue in Long Island has recently been involved in a closed transaction. The property spans 132,000 square feet and comprises various types of real estate. The deal was facilitated by Dustin Stolly and Jordan Roeschlaub from Newmark Knight Frank, who represented the buyer and seller in the transaction.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $74,000,000
• Square Footage: 132,000
• Address: 2100 49th Avenue
• Market: Long Island

The lender for this transaction was Colony Credit Real Estate, while the landlord of the property is GreenOak Real Estate and Related Companies. Notably, the transaction included the collaboration of various individuals and companies, including Sonny Kalsi, Stephen Ross, Jim Blakemore, and Dustin Stolly. These key individuals played significant roles in the successful completion of the transaction, representing their respective parties throughout the deal.