RB Realty Capital Secures $47M Refinance Loan For Retail Building In Kew Garden Hills, Queens

A retail building located at 77-39 Vleigh Place in Kew Garden Hills, Queens has secured a $47 million refinance loan from Ponce Bank. The building spans 96,638 square feet and is owned by RB Realty Capital.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $47,000,000
• Address: 77-39 Vleigh Place, Kew Garden Hills, Queens
• Market: Kew Garden Hills, Queens
• Lender: Ponce Bank
• Lender Representatives: Steven A. Tsavaris and Carlos P. Naudon
• Landlord: RB Realty Capital
• Landlord Representatives: Avi Matatov and Aron Rosenberg

RB Realty Capital, operating through Vp Capital Holdings LLC, successfully obtained the refinance loan from Ponce Bank for the mentioned retail building in Kew Garden Hills, Queens.