Cosentino Companies Secures $36 Million Recapitalization Loan From Provident Bank For Retail Asset In Commack

The asset involved in this transaction is a retail property located at 45, 65, & 85 Crooked Hill Road in Commack, NY. The total square footage of the property is 360,275, and it has secured a loan amount of $36,000,000 for the purpose of recapitalization.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $36,000,000
• Market: Commack, NY
• Lender: Provident Bank
• Landlord: Cosentino Companies
• Brokers: Robert Altman & Brian Warwick

Robert Altman and Brian Warwick are the brokers representing the parties involved in this transaction, facilitating the recapitalization loan process. Their roles are significant in ensuring the smooth execution of the deal and coordinating between the lender and the landlord.