Pan Am Equities Secures $60.6M Loan From People's United Bank For Mixed-Use Properties In Lower Manhattan

Pan Am Equities CEO, Scott Solomon, recently closed a transaction involving mixed-use properties in Lower Manhattan. The properties include 37-39 West 16th Street, 43 West 16th Street, 1556 York Avenue, and 253 West 14th Street. The deal was facilitated by LENDER, People's United Bank, who provided a loan amount of $60,600,000. The landlord and developer of these properties is Pan Am Equities.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $60,600,000
• Market: Lower Manhattan
• City: New York

This successful transaction brings together key players in the real estate industry. Scott Solomon, as the CEO of Pan Am Equities, played a crucial role in overseeing the deal. Pan Am Equities, the landlord and developer in this transaction, demonstrated their expertise in the mixed-use property market.