Signature Bank Provides $65M Loan For Multifamily Portfolio In Lower East Side, Nolita, East Village, Lenox Hill, And Soho

A multifamily property located in Lower East Side, Nolita, East Village, Lenox Hill, and Soho has been involved in a closed transaction. The property includes the following addresses: 80 Delancey Street, 53 East Houston Street, 238 East 14th Street, 348 East 66th Street, 135 Sullivan Street, and 219 Mulberry Street. The property consists of a total of 171 units and spans across 121,877 square feet.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $65,000,000
• Lender: Signature Bank
• Landlord: Vintage Group
• Loan Amount: $65,000,000
• Units: 171
• Square Footage: 121,877

The transaction involved Signature Bank as the lender and Vintage Group as the landlord. Both parties played important roles in the closed deal. NOTE: Additional information about the deal's key individuals and companies is not available.