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Pacific Western Bank Provides $90M Loan For Mixed-Use Property In Forest Hills, NY

69-65 Yellowstone Boulevard 
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This Mixed-use property located in NY received a loan of $90,000,000 almost 3 years ago. The brokers of the deal were Daniel (Dan) Morin, Daniel Fromm, Dustin Stolly, and Jordan (Jordy) Roeschlaub

The mixed-use property located at 69-65 Yellowstone Blvd in Forest Hills has been involved in a recent closed transaction. The property consists of 166 units and is owned by Slate Property Group.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $90,000,000
  • Address: 69-65 Yellowstone Blvd
  • Market: Forest Hills
  • Units: 166

Dustin Stolly, Jordy Roeschlaub, Daniel Fromm, and Dan Morin from Newmark represented the landlord, Slate Property Group, in the deal. The loan for the transaction was provided by Pacific Western Bank.

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Deals
  • Location
    69-65 Yellowstone Blvd, Forest Hills, NY, USA69-65 Yellowstone Blvd, Forest Hills, NY, USA
  • Loan Value
    $90,000,000$90,000,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    4 Brokers, 1 Agency, 1 Lender4 Brokers, 1 Agency, 1 Lender

Agents

Daniel (Dan) Morin

Daniel (Dan) Morin

Deals10
Financed$922.5M

Dustin Stolly

Dustin Stolly

Deals218
Financed$37.6B

Daniel Fromm

Daniel Fromm

Deals60
Financed$4.2B

Jordan (Jordy) Roeschlaub

Jordan (Jordy) Roeschlaub

Deals195
Financed$34.6B

Agency

Newmark

Newmark

Agency
Deals3894
Volume$397.4B

Pacific Western Bank

Pacific Western Bank

Lender
Deals16
Volume$ 350.6B

Social

Deal Summary

LOAN IMAGE: Dustin Stolly, Dan Morin, Martin Nussbaum, Daniel Fromm, David Schwartz, Jordy Roeschlaub DATE: 05/2021 ADDRESS: 69-65 Yellowstone Blvd MARKET: Forest Hills ASSET TYPE: Mixed-use ~ UNITS: 166 LENDER: Pacific Western Bank LANDLORD: @SlatePropertyGroup BROKERS: Dustin Stolly, Jordy Roeschlaub, Daniel Fromm & Dan Morin - @Newmark LOAN AMOUNT: $90,000,000

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69-65 Yellowstone Boulevard 

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