Goldman Sachs & Merchants Bank Of Indiana Provide $294M Construction Loan For 500 Main Street Mixed-Use Property In New Rochelle

500 Main Street in New Rochelle has been involved in a recent closed property transaction. The mixed-use property consists of 477 units and has attracted the attention of various parties.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $294,000,000
• Address: 500 Main Street
• Market: New Rochelle
• Units: 477

Goldman Sachs and Merchants Bank of Indiana joined forces to provide a construction loan for this venture. With a loan amount of $294,000,000, the developers behind this project, BRP Companies, led by Meredith Marshall, secured the necessary financing for the construction phase.

It's clear that this property is poised for significant growth and development, and with BRP Companies at the helm, we can expect a remarkable outcome.