Goldman Sachs Provides $290M Loan For Mixed-Use Property In Jamaica

163-05 Archer Avenue

Mixed-use

542,000 SF

Financed 1 year ago

Summary

Loan

NEW YORK

Mixed-use

542,000 sqft

The mixed-use property located at 163-05 Archer Avenue in Jamaica has been involved in a recent closed transaction. The property spans approximately 542,000 square feet and consists of 605 units. It is situated in the vibrant market of Jamaica.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $290,000,000
Address: 163-05 Archer Avenue
Market: Jamaica
Total Square Footage: 542,000
Number of Units: 605

The loan for this transaction was provided by Goldman Sachs. BRP Companies, represented by Geoff Flournoy and Meredith Marshall, acted as the landlords for the property. JLL served as the brokers involved in this deal.

Details

Deal Summary

FINANCED

IMAGE: Geoff Flournoy, Meredith Marshall & David Solomon DATE: 10/05/2021 ADDRESS: 163-05 Archer Avenue MARKET: Jamaica ASSET TYPE: Mixed-use ~ SF: 542,000 ~ UNITS:605 LENDER: Goldman Sachs LANDLORD: BRP Companies - Geoff Flournoy & Meredith Marshall BROKERS: JLL LOAN AMOUNT: $290,000,000

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Address163-05 Archer Avenue

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