facebook
Traded Co logo
Submit a Deal

Metropolitan Bank Provides $32M Loan For Two Charter Schools In Jamaica, Queens

89-17 & 89-25 161st Street
PointingArrow
ShareContact

This Other property located in NY received a loan of $32,000,000 almost 4 years ago. The brokers of the deal were Adam Hakim and James Murad

Two charter schools located at 89-17 & 89-25 161st Street in Jamaica, Queens have recently secured a loan of $32,000,000. The loan transaction took place on June 11, 2021, and the lender involved in the deal was Metropolitan Bank. The landlord of the property is Barone Management. The asset type of these schools is two charter schools.

Summary of transaction details

  • Property Type: Two Charter Schools
  • Transaction Amount: $32,000,000
  • Address: 89-17 & 89-25 161st Street, Jamaica, Queens
  • Market: Jamaica, Queens

The loan for the charter schools was arranged by Adam Hakim and James Murad from Meridian Capital Group. They represented the landlord, Barone Management, in the deal.

View Related

Deals
  • Location
    25 161st Street, Jamaica, NY, USA25 161st Street, Jamaica, NY, USA
  • Loan Value
    $32,000,000$32,000,000
  • Asset Type
    OtherOther
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

James Murad

James Murad

Deals40
Financed$2.2B

Agency

Meridian Capital Group

Meridian Capital Group

Agency
Deals2403
Volume$65.9B

Social

Deal Summary

LOAN IMAGE: Adam Hakim & James Murad DATE: 06/11/2021 ADDRESS: 89-17 & 89-25 161st Street MARKET: Jamaica, Queens ASSET TYPE: Two Charter Schools LENDER: Metropolitan Bank LANDLORD: Barone Management BROKERS: Adam Hakim & James Murad - Meridian Capital Group LOAN AMOUNT: $32,000,000

Comparables


We could not find what you were looking for, try a different filter

Contact

Broker's profile image

89-17 & 89-25 161st Street

  • Social

  • Comparables

  • Contact

  • Share


  • Login to Suggest Edits