Morgan Stanley Provides $64M Loan For Jamaica Retail Property

Jamaica, Queens, NY, USA

$64,000,000

Building Size

—

Asset Type

Retail

Closing

May 23, 2021

AI

A $64 million loan has been secured for a retail property in Jamaica. The transaction took place on May 24, 2021.

Summary of transaction details

Property Type: Retail
Loan Amount: $64,000,000
Loan Term: 10-Year Term, Full Term I/O
Lender: Morgan Stanley
Brokers: Charles Grussgott, Cary Pollack & Michael Helmreich - Meridian Capital Group

Morgan Stanley provided the loan for this retail property in Jamaica. The loan term is 10 years with a full term interest-only payment structure. The transaction was facilitated by brokers Charles Grussgott, Cary Pollack, and Michael Helmreich from Meridian Capital Group.

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