Blackstone Provides $198.5 Million Refinance Loan To Jamestown In Yonkers Retail Transaction

The property asset involved in this transaction is a retail space located at 1 Ridge Hill Boulevard in Yonkers, encompassing a total area of 1,200,000 square feet. The loan amount associated with this property is $198,500,000, and it consists of a refinance loan type.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $198,500,000
• Loan Type: Refinance
• Lender: Blackstone
• Landlord: Jamestown, Chris Balestra - Taconic Partners, Arman Boroumand & Andrew Plante - Nuveen Real Estate and a public pension plan
• Brokers: Aaron Niedermayer, Kellogg Gaines & Evan Pariser - JLL

The individuals involved in this transaction include Chris Balestra, who represents Taconic Partners in the deal, along with Arman Boroumand and Andrew Plante, who are associated with Nuveen Real Estate. The brokerage representation is handled by Aaron Niedermayer, Kellogg Gaines, and Evan Pariser from JLL.