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Rubin Schron's Cammeby's International Group Refinances Astoria Multifamily For $122.7M With Lender NewPoint Real Estate Capital

20-53, 20-65 & 20-75 18th Street
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This MultiFamily property located in NY received a loan of $122,707,946 over 2 years ago.

The multifamily property located at 20-53, 20-65, and 20-75 18th Street in Astoria has been involved in a recent loan transaction. The property spans a total of 673,028 square feet and consists of 204 units. The loan, valued at $122,707,946, was secured for the purpose of refinancing.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $122,707,946
  • Address: 20-53, 20-65 & 20-75 18th Street, Astoria
  • Market: Astoria
  • Square Footage: 673,028
  • Units: 204

NewPoint Real Estate Capital served as the lender for this loan transaction. The landlord associated with the property is Rubin Schron, who represents Cammeby’s International Group.

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Deals
  • Location
    20-75 18th Street, Astoria, NY, USA20-75 18th Street, Astoria, NY, USA
  • Loan Value
    $122,707,946$122,707,946
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Lender1 Lender

NewPoint Real Estate Capital

NewPoint Real Estate Capital

Lender
Deals17
Volume$ 18.5B

Deal Summary

LOAN IMAGE: Rubin Schron DATE: 09/01/2021 ADDRESS: 20-53, 20-65 & 20-75 18th Street MARKET: Astoria ASSET TYPE: Multifamily ~ SF: 673,028 ~ UNITS: 204 LENDER: NewPoint Real Estate Capital LANDLORD: Rubin Schron - Cammeby’s International Group LOAN AMOUNT: $122,707,946 LOAN TYPE: Refinance

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