Signature Bank Provides $20M Refinancing Loan For Mixed-use Property In Long Island City | Meridian Capital Group brokers loan for $20,000,000 in Long Island City | Morris Diamant, David Liechtung | Mixed-use | Loan

Summary

Loan

NEW YORK

Mixed-use

285 sqft

A mixed-use property located in Urban Yard, Long Island City has been refinanced through a loan. The property spans approximately 285,000 square feet and is situated in an urban market.

Summary of transation details

Property Type: Mixed-use
Transaction Amount: $20,000,000
Market: Urban Yard, Long Island City
Loan Type: Refinance
Loan Terms: 4.75% interest only

The loan was provided by Signature Bank and handled by Jesse Punn and Joe Fingerman. The brokers representing the transaction were Morris Diamant and David Liechtung from Meridian Capital Group. The loan amount for the refinancing was $20,000,000 and the terms of the loan included a 4.75% interest rate with full term interest-only payments.

Players

All
3

Agents
2
Agencies
1

Morris Diamant

Senior Managing Director

$15.5M Sold

David Liechtung

Analyst

$15.5M Sold

Meridian Capital Group

Details

Deal Summary

FINANCED

IMAGE: Joe Fingerman, Morris Diamant & David Liechtung DATE: 09/21/2022 MARKET: Urban Yard, Long Island City ASSET TYPE: Mixed-use ~ SF: 285,000 LENDER: Signature Bank - Jesse Punn (@JessePunn) & Joe Fingerman (@JFingerman) BROKERS: Morris Diamant & David Liechtung - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $20,000,000 LOAN TYPE: Refinance LOAN TERMS: 4.75%, full term interest only

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AddressMeridian Capital Group brokers loan for $20,000,000 in Long Island City

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