M&T Bank Provides $40M Loan For Office Building In Brooklyn Heights

Located in the vibrant Brooklyn Heights market, the office property at 205 Montague Street has recently undergone a closed transaction. The property, which features an impressive architecture and modern design, has captured attention in the market. The transaction took place on June 20, 2020.

Summary of Transaction Details

• Property Type: Office
• Transaction Amount: $40,000,000
• Market: Brooklyn Heights
• Address: 205 Montague Street

In this transaction, the lender involved was M&T Bank, providing a loan amount of $40,000,000. On the other side of the deal, the landlord was Midtown Equities.

Joseph Cayre, a reputable individual in the real estate industry, played a significant role in this transaction. Serving as the representative of the property asset, Cayre was instrumental in facilitating the deal on behalf of the involved parties.