Washington Square Partners Refinances Marble Hill Properties With $53.8M Loan From 3650 REIT

The transaction involves four properties located at 40 West 225th Street & 90 West 225th Street in Marble Hill, Manhattan. The properties encompass a retail building and condos, with a refinanced loan amount of $53,800,000 provided by Tobin Cobb of 3650 REIT to Paul Travis of Washington Square Partners.

Summary of transaction details:

• Property Type: Retail & Condo
• Transaction Amount: $53,800,000
• Market: Marble Hill, Manhattan
• Lender: Tobin Cobb - 3650 REIT
• Landlord: Paul Travis - Washington Square Partners

Washington Square Partners, represented by 3650 Real Estate Investment Trust 2 LLC, secures the $53.8 million refinance loan from 3650 REIT. The loan was facilitated by 3650 REIT Warehouse Facility Entity 2a LLC, marking a significant financial deal covering the mentioned properties in Marble Hill, Manhattan.