Signature Bank Provides $37.5M Refinance Loan For Mixed-Use Property At 500 Driggs Avenue In Brooklyn

The mixed-use property located at 500 Driggs Avenue in Brooklyn has undergone a refinancing transaction. The loan was provided by Signature Bank, with Joe Fingerman, Dino Venetsanakos, and Paul Kotronis representing the bank. The loan amount for this transaction was $37,500,000.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $37,500,000
• Lender: Signature Bank - Joe Fingerman, Dino Venetsanakos & Paul Kotronis
• Brokers: Isaac Filler, Yossi Koschitzki & Elliot Levy - Meridian Capital Group

The Meridian Capital Group, represented by Isaac Filler, Yossi Koschitzki, and Elliot Levy, acted as brokers in this refinancing deal. Their expertise and efforts were instrumental in facilitating the transaction and ensuring a successful outcome.