FINANCED
Flushing Bank Provides $14.85M Refinance Loan For Note In New Britain, CT
60 East Main Street
Retail
158,506 SF
158,506 SF
Financed 1 year ago
Summary
Loan
CONNECTICUT
Retail
158,506 sqft
The property in question is a Note in New Britain, CT, with a square footage of 158,506. Located at 60 E. Main Street, the asset is associated with a closed transaction.
Summary of transaction details:
- Property Type: Note
- Market: New Britain, CT
- Address: 60 E. Main Street
- Asset Type: Note
- Square Footage: 158,506
Paramount Realty served as the landlord in this transaction. Flushing Bank acted as the lender, providing a non-recourse refinance loan in the amount of $14,850,000. The loan terms included a 3.70% interest rate, a 7-year term, and a 30-year amortization period. Morris Dweck, from KSR Capital, represented all parties involved as the broker.
If you have any inquiries regarding loans, please contact Morris Dweck at [email protected].
Players
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3
Agents
1
Agencies
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Lenders
1
Details
FINANCED
IMAGE: Morris Dweck
DATE: 05/09/2022
ADDRESS: 60 E. Main Street
MARKET: New Britain, CT
ASSET TYPE: Note ~ SF: 158,506
LENDER: Flushing Bank
LANDLORD: Paramount Realty
BROKER: Morris Dweck (@Morris__Dweck) - KSR Capital
LOAN AMOUNT: $14,850,000
LOAN TYPE: Refinance
LOAN TERMS: 3.70%, 7 year term, 30 year amortization, non-recourse
NOTE: Please reach out to Morris Dweck for any loan inquiries at [email protected].View on map
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Address60 East Main Street
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