MetBank & Columbia Pacific Advisors Loan $32M For Mixed-Use Property In Long Island City

9-03 44th Road, a mixed-use property located in Long Island City, Queens, was recently involved in a closed transaction. The property, owned by Barone Management, secured a loan from metbank''>MetBank and Columbia Pacific Advisors. The loan amount was $32,000,000. The transaction was facilitated by Adam Hakim and James Murad from Meridian Capital Group as brokers representing the parties involved.

Summary of transaction details:

• Property Type: Mixed-Use
• Transaction Amount: $32,000,000
• Lender: MetBank and Columbia Pacific Advisors
• Landlord: Barone Management
• Brokers: Adam Hakim and James Murad from Meridian Capital Group

Adam Hakim and James Murad, representing Meridian Capital Group, played an instrumental role in facilitating this transaction. The loan provided by MetBank and Columbia Pacific Advisors will support the mixed-use property's ongoing operations and potential growth.