Citizens Bank Provides $7 Million Refinance Loan For Mixed-Use Property At 30 Carmine Street

The property involved in this transaction is a mixed-use asset located at 30 Carmine Street in the West Village. The loan amount secured for this property is $7,000,000, with the loan type being a refinance, featuring a term of 5 years with full term interest only. This asset is now home to Slicehaus, a new slice shop led by L’Industrie Alum.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $7,000,000
• Lender: Citizens Bank
• Landlord: Adam Savell, Ryan Friedman, Greg Gleason - Corigin
• Brokers: Daniel Kowalsky & Michael Lee - HKS Real Estate Advisors
• Analyst: Max Rubinchik - HKS Real Estate Advisors
• Placement: Eugene Weinraub - HKS Real Estate Advisors
• Loan Terms: 5 years, full term interest only

The successful refinance was facilitated by the brokers from HKS Real Estate Advisors, Daniel Kowalsky and Michael Lee, along with analyst Max Rubinchik and placement agent Eugene Weinraub. Special acknowledgment was given to Maxwell Nemerow and Scott van der Marck at Citizens Bank for their role in ensuring a smooth process and achieving favorable economic terms on the deal.