Kano Real Estate Secures $31M Loan For Mixed-Use Properties In West Village

The recent closed property transactions in West Village included multiple mixed-use assets at various locations. One of the properties involved in the deal is located at 243 Bleecker Street, which was part of the transaction. The deal also included another property at 56 Spring Street, as well as 233 1st Avenue, 819 Sixth Avenue, and 500 Hudson Street. These assets offer a diverse range of uses, catering to different commercial and residential needs.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $31,000,000
• Loan Amount: $31,000,000
• Units: 29

The lender involved in this transaction was Israel Discount Bank. Kano Real Estate, represented by Noam Shemel, acted as the landlord for these properties. The deal was facilitated by brokers Justin Boruchov and Morris Betesh from the Meridian Capital Group. Their expertise and negotiation skills played a crucial role in bringing all parties together and finalizing the deal successfully.