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M&T Bank Provides $40M Loan For Office Building In Brooklyn Heights

205 Montague Street
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This Office property located in NY received a loan of $40,000,000 almost 4 years ago.

Located in the vibrant Brooklyn Heights market, the office property at 205 Montague Street has recently undergone a closed transaction. The property, which features an impressive architecture and modern design, has captured attention in the market. The transaction took place on June 20, 2020.

Summary of Transaction Details

  • Property Type: Office
  • Transaction Amount: $40,000,000
  • Market: Brooklyn Heights
  • Address: 205 Montague Street

In this transaction, the lender involved was M&T Bank, providing a loan amount of $40,000,000. On the other side of the deal, the landlord was Midtown Equities.

Joseph Cayre, a reputable individual in the real estate industry, played a significant role in this transaction. Serving as the representative of the property asset, Cayre was instrumental in facilitating the deal on behalf of the involved parties.

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  • Location
    205 Montague Street, Brooklyn, NY, USA205 Montague Street, Brooklyn, NY, USA
  • Loan Value
    $40,000,000$40,000,000
  • Asset Type
    OfficeOffice

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Deal Summary

LOAN IMAGE: Joseph Cayre DATE: 06/20/2020 ADDRESS: 205 Montague Street MARKET: Brooklyn Heights ASSET TYPE: Office LENDER: M&T Bank LANDLORD: Midtown Equities LOAN AMOUNT: $40,000,000

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