Joel Leifer Of Excelsior Healthcare Group Refinances Throgs Neck Rehabilitation & Nursing Center For $217M

The Throgs Neck Rehabilitation & Nursing Center, situated at 707 Throgs Neck Expressway in the Throgs Neck neighborhood of the Bronx, is classified as a special purpose asset with a total square footage of 83,146. A refinance loan of up to $217,000,000 has been secured for this property.

Summary of transaction details:

• Property Type: Special Purpose
• Transaction Amount: $217,000,000
• Lender: Alan Litt - Monticelloam
• Landlord: Joel Leifer - Excelsior Healthcare Group
• Loan Type: Refinance
• Prior Debt Replaced: $70,000,000

Joel Leifer of Excelsior Healthcare Group executed the refinancing of the Throgs Neck Rehabilitation & Nursing Center, facilitating the transition from the previous debt arrangement to a new loan from Monticelloam.