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Urban Smart Growth Refinances Multifamily Asset In Pawtucket, RI Through $20.5M Loan From J.P. Morgan

200 Esten Avenue
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This MultiFamily property located in RI received a loan of $20,500,000 about 2 years ago. The brokers of the deal were Scott Aiese, Peter (Pete) Rotchford, and Alex Staikos

The multifamily property located at 200 Esten Ave in Pawtucket, RI has undergone a refinancing deal. The transaction took place on 01/04/2022.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $20,500,000
  • Address: 200 Esten Ave, Pawtucket, RI
  • Market: Pawtucket, RI

The loan for this transaction was provided by J.P. Morgan, while Urban Smart Growth, represented by Lance Robbins and Aaron Iskowitz, acted as the landlord. The brokers involved in the deal were Peter Rotchford, Scott Aiese, and Alex Staikos, who represented JLL.

This refinancing deal was a significant financial transaction for the multifamily property at 200 Esten Ave in Pawtucket, RI. The involvement of J.P. Morgan as the lender and the representation provided by Lance Robbins, Aaron Iskowitz, Peter Rotchford, Scott Aiese, and Alex Staikos highlights the importance of this transaction in the real estate market.

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Deals
  • Location
    200 Esten Avenue, Pawtucket, RI 02860200 Esten Avenue, Pawtucket, RI 02860
  • Loan Value
    $20,500,000$20,500,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 1 Agency, 1 Lender3 Brokers, 1 Agency, 1 Lender

Agents

Peter (Pete) Rotchford

Peter (Pete) Rotchford

Deals26
Financed$2.4B

Alex Staikos

Alex Staikos

Deals22
Financed$3B

Scott Aiese

Scott Aiese

Deals18
Financed$1.4B

Agency

JLL

JLL

Agency
Deals5591
Volume$332.6B

JPMorgan Chase

JPMorgan Chase

Lender
Deals167
Volume$ 2.2T

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Deal Summary

LOAN IMAGE: Scott Aiese, Alex Staikos & Peter Rotchford DATE: 01/04/2022 ADDRESS: 200 Esten Ave, MARKET: Pawtucket, RI ASSET TYPE: Multifamily LENDER: J.P. Morgan LANDLORD: Urban Smart Growth - Lance Robbins & Aaron Iskowitz BROKERS: Peter Rotchford, Scott Aiese & Alex Staikos - JLL LOAN AMOUNT: $20,500,000 LOAN TYPE: Refinancing

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200 Esten Avenue

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