Mizuho Provides $289.5 Million Acquisition Loan For Retail Asset In Flushing, New York

The property asset involved in the transaction is located at 40-24 College Point Boulevard in Flushing, classified as retail, with a total square footage of 550,000. The loan amount obtained for this acquisition is $289,500,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $289,500,000
• Lender: Masahiro Kihara - Mizuho
• Landlord: Ken Bernstein - Acadia Realty & Jon Winkelried - TPG
• Landlord's Representative: Jordan Roeschlaub, Nick Scribani, John Caraviello & Tim Polglase - Newmark

Key individuals and entities involved in this transaction include Masahiro Kihara representing the lender, while Ken Bernstein and Jon Winkelried serve as the landlords. The transaction was facilitated through representatives from Newmark, which includes Jordan Roeschlaub, Nick Scribani, John Caraviello, and Tim Polglase.