FINANCED
Provident Bank Provides $35M Refinance Loan For Industrial Property In Melville
1770 Walt Whitman Road & 540 Broadhollow Road
Industrial
309,914 SF
309,914 SF
Financed 1 year ago
Summary
Loan
NEW YORK
Industrial
309,914 sqft
Provident Bank has provided a $35,000,000 loan for the refinancing of an industrial property located at 1770 Walt Whitman Rd. and 540 Broadhollow Rd. in Melville. The property spans 309,914 square feet and is situated in the Melville market.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $35,000,000
- Address: 1770 Walt Whitman Rd. & 540 Broadhollow Rd.
- Market: Melville
- Square Footage: 309,914
The loan, which is non-recourse, has a term of 10 years with a fixed rate. Thomas E. Didio Jr., Matthew Pizzolato, and Max Custer from JLL represented the borrower in the deal.
Players
All
5
Agents
3
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Thomas E. Didio Jr., Matthew Pizzolato & Max Custer
DATE: 05/23/2022
ADDRESS: 1770 Walt Whitman Rd. & 540 Broadhollow Rd.
MARKET: Melville
ASSET TYPE: Industrial ~ SF: 309,914
LENDER: Provident Bank (@ProvidentBank)
BROKERS: Thomas E. Didio Jr., Matthew Pizzolato & Max Custer - JLL (@JLL)
LOAN AMOUNT: $35,000,000
LOAN TYPE: Refinance
LOAN TERMS: 10-year, fixed-rate, non-recourseView on map
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Address1770 Walt Whitman Road & 540 Broadhollow Road
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