Jackson Group's Ike Chehebar Secures $8M Refinance Loan From J.P. Morgan Chase For Bushwick Properties

The asset involved in this transaction is a retail property located at 777 Broadway and 781 Broadway in the Bushwick market of Brooklyn, comprising a total square footage of 35,145. The properties were refinanced with a loan of $8,000,000, replacing a prior debt of $7,800,000.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,000,000
• Address: 777 Broadway & 781 Broadway
• Market: Bushwick, Brooklyn
• Lender: J.P. Morgan Chase
• Landlord: Ike Chehebar - Jackson Group
• Loan Type: Refinance

The refinancing of these properties was executed by Jackson Group’s 775 Broadway Acquisition LLC, facilitated by J.P. Morgan Chase. Ike Chehebar represents the landlord's interests in this transaction.