FINANCED
Cross River Bank Provides $30M Acquisition Loan For Westfield South Shore In Bay Shore
1701 Sunrise Highway
Retail
1,012,872 SF
1,012,872 SF
Financed 1 year ago
Summary
Loan
NEW YORK
Retail
1,012,872 sqft
The property involved in this transaction is located at 1701 Sunrise Highway in Bay Shore. It is a retail asset with a total square footage of 1,012,872. The deal was closed on 04/03/2023.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $30,000,000
- Lender: Cross River Bank - Shimon Eisikowicz
- Landlord: Namdar Realty Group - Igal Namdar
- Broker: Elliott Kunstlinger - Meridian Capital Group
The loan for this transaction was provided by Cross River Bank, with Shimon Eisikowicz representing the bank. The landlord involved in the deal is Namdar Realty Group, with Igal Namdar as the representative. The broker representing the transaction is Elliott Kunstlinger from Meridian Capital Group.
Players
All
3
Agents
1
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Shimon Eisikowicz & Elliott Kunstlinger
DATE: 04/03/2023
ADDRESS: 1701 Sunrise Highway - Westfield South Shore
MARKET: Bay Shore
ASSET TYPE: Retail ~ SF: 1,012,872
LENDER: Cross River Bank (@CrossRiverBank) - Shimon Eisikowicz
LANDLORD: Namdar Realty Group (@NamdarLLC) - Igal Namdar
BROKER: Elliott Kunstlinger (@Elliott_Kunstlinger_) - Meridian Capital Group (@Meridian.Capital.Group)
LOAN AMOUNT: $30,000,000
LOAN TYPE: Acquisition
LOAN TERMS: 5 year term + Two 5-Year Extension Options
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Address1701 Sunrise Highway
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