Cammeby’s International Group Refinances Oakland Gardens Multifamily For $88.1M | 224-01 69th Avenue, 223-01 65th Avenue & 224-65 64th Avenue | NewPoint Real Estate Capital | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

533,250 sqft

Cammeby's International Group has secured a refinancing loan of $88,148,000 for three multifamily properties in Oakland Gardens. The properties, located at 224-01 69th Avenue, 223-01 65th Avenue, and 224-65 64th Avenue, have a total square footage of 533,250 and consist of 224 units.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $88,148,000
Address: 224-01 69th Avenue, 223-01 65th Avenue, 224-65 64th Avenue
Market: Oakland Gardens
Landlord: Cammeby’s International Group

NewPoint Real Estate Capital provided the refinance loan for this transaction. The loan was secured by Cammeby's International Group, representing the landlord in the deal.

Players

All
1

Lenders
1

NewPoint Real Estate Capital

Details

Deal Summary

FINANCED

IMAGE: David M. Brickman, Rubin Schron & Jeff Lee DATE: 04/25/2022 ADDRESS: 224-01 69th Avenue, 223-01 65th Avenue & 224-65 64th Avenue MARKET: Oakland Gardens ASSET TYPE: Multifamily ~ SF: 533,250 ~ UNITS: 224 LENDER: NewPoint Real Estate Capital (@NewPoint_REC) LANDLORD: Cammeby’s International Group LOAN AMOUNT: $88,148,000 LOAN TYPE: Refinance

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Address224-01 69th Avenue, 223-01 65th Avenue & 224-65 64th Avenue

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