Ullico Provides $85 Million Refinance Loan To Simone Development Companies For Bronx Office Asset

The property asset involved in the transaction is located at 1250 Waters Pl in the Bronx. This office asset has a total square footage of 282,590. The refinancing loan provided is in the amount of $85,000,000.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $85,000,000
• Lender: Ullico
• Landlord: Simone Development Companies
• Brokers: Richard Horowitz & Justin Horowitz - Cooper Horowitz

This transaction features key individuals such as Richard Horowitz and Justin Horowitz representing the broker agency Cooper Horowitz in this refinancing deal. Their involvement highlights the brokerage's role in facilitating the financing of the property.