Yinni Li Secures $1.7M Refinance Loan From Spring Bank For Mixed-Use Property In Jackson Heights

The property asset is a mixed-use building located at 37-53 82nd Street in the Jackson Heights market. The asset encompasses a total area of 3,400 square feet and has a loan amount of $1,700,000 associated with it. The lending institution involved in this transaction is Spring Bank, which provided the refinance loan.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $1,700,000
• Address: 37-53 82nd Street
• Market: Jackson Heights
• Lender: Spring Bank
• Landlord: Yinni Li
• Broker: James Hansen - Highcap Group
• Loan Type: Refinance

The deal features key individuals including Yinni Li, the landlord, and James Hansen of Highcap Group, who acted as the broker representing the transaction. This refinancing involved Spring Bank as the lender handling the financial aspect of the asset at the specified address.