Benchmark Real Estate Group Secures $20.61 Million Acquisition Loan For Multifamily Asset In White Plains

The property asset involved in this transaction is located at 1 Dekalb Avenue, White Plains. The asset is classified as a multifamily property and consists of 78,864 square feet, containing a total of 76 units. The landlord for this property is Benchmark Real Estate Group, and the acquisition loan secured for this transaction amounts to $20,605,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $20,605,000
• Square Footage: 78,864
• Units: 76
• Address: 1 Dekalb Avenue
• Market: White Plains
• Lender: Greystone (Fannie Mae)
• Landlord: Benchmark Real Estate Group
• Landlord's Representative: Alan Blank & Cecelia Galligan - Cushman & Wakefield
• Loan Type: Acquisition

The deal involves key representatives Alan Blank and Cecelia Galligan from Cushman & Wakefield, who represent the landlord, Benchmark Real Estate Group, in this acquisition transaction. Their involvement underscores the professional brokerage support behind the undertaking of this multifamily asset financing.