Peak Capital Advisors Secures $21.5M Refinance Loan For Mixed-Use Property In Gramercy Park

This mixed-use property is located at 229-233 East 21st Street in the Gramercy Park area of Manhattan. The asset encompasses a total square footage of 36,012 and comprises 48 units. The transaction involved a refinance with a loan amount of $21,500,000 provided by Starwood Property Trust.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $21,500,000
• Address: 229-233 East 21st Street
• Market: Gramercy Park, Manhattan
• Units: 48
• Lender: Starwood Property Trust
• Landlord: Peak Capital Advisors
• Broker Representatives: Michael Lohan, Mitch Uris & Evan Gaines - Nineteen Blocks
• Attorney: Bryan Anderson - Anderson Law
• Loan Type: Refinance

The refinancing was secured by Nineteen Blocks on behalf of Peak Capital, indicating the involvement of Michael Lohan, Mitch Uris, and Evan Gaines as broker representatives. For any equity and debt needs nationwide, inquiries can be directed to [email protected].