BMO Provides $44M Refinance Loan For Package Deal In New York

Two multi-building properties located at 30-40-60 East 9th Street and 260 West 87th Street in New York have been involved in a recent transaction. The package deal consists of a total of 89,176 square feet of space.

Summary of transaction details

• Property Type: Package Deal
• Transaction Amount: $44,000,000
• Lender: BMO
• Brokers: Morris Betesh & Omar Ferreira - Meridian Capital Group
• Loan Type: Refinance

BMO, a prominent lender, facilitated the transaction with a loan amount of $44,000,000. The brokers who represented the parties involved in the deal were Morris Betesh and Omar Ferreira, both from the Meridian Capital Group.