Morgan Stanley Provides $64M Loan For Jamaica Retail Property | Meridian Capital Group brokers deal for $64,000,000 in Jamaica | Morgan Stanley | Michael Helmreich, Charles Grussgott, Cary Pollack | Retail | Loan

Summary

Loan

NEW YORK

Retail

A $64 million loan has been secured for a retail property in Jamaica. The transaction took place on May 24, 2021.

Summary of transaction details

Property Type: Retail
Loan Amount: $64,000,000
Loan Term: 10-Year Term, Full Term I/O
Lender: Morgan Stanley
Brokers: Charles Grussgott, Cary Pollack & Michael Helmreich - Meridian Capital Group

Morgan Stanley provided the loan for this retail property in Jamaica. The loan term is 10 years with a full term interest-only payment structure. The transaction was facilitated by brokers Charles Grussgott, Cary Pollack, and Michael Helmreich from Meridian Capital Group.

Players

All
5

Agents
3
Agencies
1
Lenders
1

$24.5M Sold

$24.5M Sold

$62.5M Sold

Meridian Capital Group

Morgan Stanley

Details

Deal Summary

FINANCED

IMAGE: Cary Pollack, Michael Helmreich & Charles Grussgott DATE: 05/24/2021 MARKET: Jamaica ASSET TYPE: Retail LENDER: Morgan Stanley BROKERS: Charles Grussgott, Cary Pollack & Michael Helmreich - Meridian Capital Group LOAN AMOUNT: $64,000,000 LOAN TERM: 10-Year Term, Full Term I/O

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AddressMeridian Capital Group brokers deal for $64,000,000 in Jamaica

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