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Newmark brokers loan for $150,000,000 in Midwest
FINANCED

Newmark Brokers Secure $150M Acquisition Loan For Industrial Portfolio In Midwest

Newmark brokers loan for $150,000,000 in Midwest

Industrial
2 SF
clock iconFinanced 1 year ago
Dustin Stolly
Christopher (Chris) Kramer
Jordan (Jordy) Roeschlaub
the dealplayerscompscontact
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Summary

Loan
ILLINOIS
Industrial
2 sqft

The Industrial Portfolio in the Midwest has been involved in a closed transaction. The property is an industrial asset with a total square footage of 2,200,000. The transaction took place on 03/08/2023.

Summary of transation details

  • Property Type: Industrial
  • Transaction Amount: $150,000,000
  • Lender: Protective Life, Old National Bank & One America
  • Landlord: Burton-Katzman; DRA Advisors - Brett Gottlieb

The lenders involved in this transaction were Protective Life, Old National Bank, and One America. The landlord representatives were Burton-Katzman and DRA Advisors, represented by Brett Gottlieb. The brokers who facilitated the deal were Jordan Roeschlaub, Dustin Stolly, and Chris Kramer, all from Newmark.

The loan obtained for this transaction was an Acquisition Loan.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Dustin Stolly's profile picture
Dustin Stolly
Newmark-image
Co-President, Debt & Structured Finance
$5.1B Sold

Details

Deal Summary
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FINANCED
IMAGE: Chris Kramer, Jordan Roeschlaub & Dustin Stolly DATE: 03/08/2023 ADDRESS: Industrial Portfolio MARKET: Midwest ASSET TYPE: Industrial ~ SF: 2,200,000 LENDER: Protective Life, Old National Bank & One America LANDLORD: Burton-Katzman; DRA Advisors - Brett Gottlieb (@BrettGottlieb) BROKERS: Jordan Roeschlaub (@JordyRoeschlaub), Dustin Stolly & Chris Kramer - Newmark (@Newmark) LOAN AMOUNT: $150,000,000 LOAN TYPE: Acquisition Loan

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AddressNewmark brokers loan for $150,000,000 in Midwest

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