Mercer Street Partners Secures $22.16 Million Loan From Bank On Buffalo For Education Asset In Buffalo

The property asset involved in this transaction is a specialty use facility designed for educational purposes, located at 75 West Huron Street in Buffalo. This property spans a total square footage of 102,000 and has been associated with a loan amount of $22,160,000 for acquisition purposes.

Summary of transaction details:

• Property Type: Specialty Use - Education
• Transaction Amount: $22,160,000
• Lender: Bank on Buffalo
• Landlord: Mercer Street Partners
• Brokers: Dave Carswell & Ryan Fitzpatrick - Lee & Associates
• Date of Transaction: 9/25/2025

The transaction was facilitated by brokers Dave Carswell and Ryan Fitzpatrick, both representing Lee & Associates, underscoring their involvement in the acquisition process. The engagement reflects a collaborative effort in securing financing and managing the property’s interests for the landlord, Mercer Street Partners.