Newmark Brokers $90M Refinance Loan For Retail Property In Williamsburg Brooklyn

The retail property located at 240 Bedford Avenue in Williamsburg, Brooklyn has undergone a refinancing transaction. The loan amount involved in this deal is $90,000,000. The property is owned by Bobby Cayre of Aurora Capital Associates, Joseph Cayre of Midtown Equities, and Alex Adjmi of ACHS Capital Management. The lender for this transaction is Mark Rowan of Apollo. The property is situated in the bustling market of Williamsburg, Brooklyn.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $90,000,000
• Address: 240 Bedford Avenue, Williamsburg, Brooklyn
• Market: Williamsburg, Brooklyn
• Loan Type: Refinance
• Lender: Mark Rowan - Apollo
• Landlords: Bobby Cayre - Aurora Capital Associates, Joseph Cayre - Midtown Equities, Alex Adjmi - ACHS Capital Management

The deal was facilitated by brokers Jordan Roeschlaub, Dustin Stolly, and Daniel Fromm from Newmark. These individuals played a crucial role in connecting the parties involved and ensuring a successful refinancing transaction for the retail property at 240 Bedford Avenue in Williamsburg, Brooklyn.