New York Life Issues $47.5M Loan For Mixed-Use Property In Maitland

The property involved in this closed transaction is a mixed-use asset located at 190 Independence Lane in the market of Maitland. The transaction took place on January 5, 2021.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $47,500,000
• Lender: New York Life - Randall Hall
• Landlord: The Allen Morris Company (AMCO) - W. Allen Morris & W.A. Spencer Morris & Mesirow Institutional Real Estate Direct Investments
• Broker: Walker & Dunlop

The lender in this transaction was New York Life with Randall Hall representing them. The landlord was The Allen Morris Company (AMCO), represented by W. Allen Morris, W.A. Spencer Morris, and Mesirow Institutional Real Estate Direct Investments. The broker involved in the deal was Walker & Dunlop.