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55 Willoughby Street
FINANCED

JLL Arranges $128M Floating Rate Loan For Mixed-Use Property At 55 Willoughby St. In Brooklyn

55 Willoughby Street

Mixed-use
268,000 SF
clock iconFinanced 1 year ago
Nicco Lupo
Geoff Goldstein
Christopher (Chris) Peck
+ 5
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Summary

Loan
NEW YORK
Mixed-use
268,000 sqft

A mixed-use property located at 55 Willoughby Street in Brooklyn has been involved in a closed transaction. The property has a total square footage of 268,059 and is situated in the Brooklyn market.

Summary of transaction details

The loan amount for the transaction was $128,000,000 and it was a floating rate loan. The deal involved multiple parties, including lenders Santander Bank and City National Bank, as well as landlords Lonicera Partners and Rabina. JLL served as the broker, represented by Jeffrey Julien, Christopher Peck, Nicco Lupo, Rob Hinckley, Geoff Goldstein, Marko Kazanjian, and Alex Staikos. Additionally, JLL arranged the JV equity from Davis.

Players

  • All

    11

  • Agents

    7

  • Agencies

    2

  • Lenders

    2

Nicco Lupo's profile picture
Nicco Lupo
JLL-image
Director
$32M Sold
Alex Staikos's profile picture
Rob Hinckley's profile picture
Marko Kazanjian's profile picture

Details

Deal Summary
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FINANCED
IMAGE: Jeffrey Julien, Geoff Goldstein, Christopher Peck, Marko Kazanjian, Nicco Lupo, Alex Staikos & Rob Hinckley DATE: 05/31/2023 ADDRESS: 55 Willoughby Street MARKET: Brooklyn ASSET TYPE: Mixed-Use ~ SF: 268,059 LENDER: Santander Bank & City National Bank LANDLORD: Lonicera Partners & Rabina BROKERS: Jeffrey Julien, Christopher Peck, Nicco Lupo, Rob Hinckley, Geoff Goldstein, Marko Kazanjian & Alex Staikos - JLL (@JLL) LOAN AMOUNT: $128,000,000 LOAN TYPE: Floating Rate Loan NOTE FROM BROKER: JLL also arranged the JV equity from Davis.

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Address55 Willoughby Street

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