Bank Of Montreal Refinances Retail Property At 1100 3rd Avenue In New York City

1100 3rd Avenue in New York City has recently undergone a loan transaction. Bank of Montreal provided a loan amount of $20,600,000 for the refinance. The property is a retail asset.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $20,600,000
• Lender: Bank of Montreal
• Landlord: Ben Ashkenazy & Dan Levy
• Brokers: Ronnie Levine, Ben Jacobs & AJ Bruno - Meridian Capital Group

The loan transaction was facilitated by Meridian Capital Group. They are an active real estate finance and advisory firm, having closed over $55 billion in financing in 2022 across all property types. They represent many leading real estate investors and developers.

For more information on how Meridian can add value to your portfolio, please contact Ben Jacobs at 212-612-0202 or [email protected].