City National Bank Provides $2M Acquisition Loan For Retail Property On Grand Street

The retail property located at 96 Grand Street in Soho, Manhattan was involved in a recent transaction. The loan amount secured for this acquisition was $2,000,000 provided by City National Bank.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $2,000,000
• Address: 96 Grand Street
• Market: Soho, Manhattan

Scott Miller from Meridian Capital Group served as the broker in this deal, representing the parties involved in the acquisition loan. The transaction highlights the collaborative efforts of the lender, City National Bank, and the broker, Scott Miller, in facilitating the successful financing of this retail property.