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Walker & Dunlop Secures $76M Loan For Long Island City Mixed-Use Property

8 Court Square
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This Mixed-use property located in NY received a loan of $76,000,000 over 2 years ago. The brokers of the deal were Adam Schwartz, Keith Kurland, Jonathan Schwartz, and Aaron Appel

Located at 8 Court Square in Long Island City, this mixed-use property recently closed a transaction. The property consists of 157 units and is owned by Werwaiss Properties & Rose Associates.

Summary of transaction details

  • Property Type: Mixed-use
  • Transaction Amount: $76,000,000
  • Address: 8 Court Square
  • Market: Long Island City
  • Units: 157

The deal was facilitated by Walker & Dunlop, with brokers Jonathan Schwartz, Keith Kurland, Adam Schwartz, and Aaron Appel representing the parties involved in the transaction.

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Deals
  • Location
    8 Court Place, Staten Island, NY 10306, USA8 Court Place, Staten Island, NY 10306, USA
  • Loan Value
    $76,000,000$76,000,000
  • Asset Type
    Mixed-useMixed-use
  • Parties
    4 Brokers, 1 Agency4 Brokers, 1 Agency

Agents

Keith Kurland

Keith Kurland

Deals80
Financed$12.8B

Adam Schwartz

Adam Schwartz

Deals73
Financed$11B

Aaron Appel

Aaron Appel

Deals92
Financed$15.1B

Agency

Walker & Dunlop

Walker & Dunlop

Agency
Deals607
Volume$76.5B

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Deal Summary

LOAN IMAGE: Keith Kurland, Adam Schwartz, Amy Rose, Jonathan Schwartz & Aaron Appel DATE: 08/25/2021 ADDRESS: 8 Court Square MARKET: Long Island City ASSET TYPE: Mixed-use ~ UNITS: 157 LANDLORD: Werwaiss Properties & Rose Associates (@RoseNYC) BROKERS: Jonathan Schwartz, Keith Kurland, Adam Schwartz & Aaron Appel - Walker & Dunlop (@WalkerDunlop) LOAN AMOUNT: $76,000,000

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8 Court Square

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