Granite Point Mortgage Trust Provides $75.6M Loan For Long Island City Rental

11-15 46th Ave, Long Island City, NY 11101, USA

$75,600,000

$1,989/SF

Building Size

38,000 SF

Asset Type

Other

Closing

Sep 24, 2019

AI

An appartment rental property located at 11-15 46th Avenue in Long Island City, Queens has been recently closed. The property is owned by GDC Properties and was financed by Granite Point Mortgage Trust. The loan amount for this transaction was $75,600,000.

Summary of transaction details:

Property Type: Rental
Transaction Amount: $75,600,000
Lender: Granite Point Mortgage Trust
Landlord: GDC Properties
Brokers: AKS Capital Partners - Aaron Appel, Keith Kurland, Jonathan & Adam Schwartz

AKS Capital Partners, represented by Aaron Appel, Keith Kurland, Jonathan, and Adam Schwartz, played a significant role as brokers in this deal.

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