Madison Realty Capital Secures $189M Refinance Loan For Woodside Central Mixed-Use Property

Madison Realty Capital has secured a $189,000,000 loan for the refinance of a mixed-use property located at 69-02 Queens Blvd in Woodside Central, Flushing, Queens. The property spans approximately 550,208 square feet and is situated in a bustling market.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $189,000,000
• Address: 69-02 Queens Blvd - Woodside Central
• Market: Flushing, Queens
• Sponsor: Madison Realty Capital
• Broker: Henry Bodek - Galaxy Capital
• Loan Type: Refinance
• Loan Terms: Refinance Construction Takeout

The loan was obtained through Madison Realty Capital, with Henry Bodek from Galaxy Capital serving as the broker representative in the deal. The refinancing loan will provide the necessary funds to replace existing debt or finance the completion of ongoing construction projects. This transaction highlights the successful partnership between Madison Realty Capital and Galaxy Capital, making it a significant achievement for both parties involved.