Joseph Simone Of Simone Development Companies Refinances Office Building At 1200 Waters Place For $88M

Simone Development Companies refinanced its office building at 1200 Waters Place, Pelham Bay, Bronx, with a loan amount of $88,000,000. The property has a square footage of 450,879 and is classified as an office asset.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $88,000,000
• Previous Mortgage Amount: $100,000,000
• Lender: ConnectOne Bank
• Landlord: Joseph Simone - Simone Development Companies
• Loan Type: Refinance

Joseph Simone represents the landlord in this transaction, dealing with ConnectOne Bank for the refinancing of the property.