FINANCED
L&M Development, Taconic Partners & BFC Partners Secure $39.7M Refinance Loan For Coney Island Office Space
1912 Mermaid Avenue
Office
65,833 SF
65,833 SF
Financed 1 year ago
Summary
Loan
NEW YORK
Office
65,833 sqft
The property involved in this closed transaction is an office building located at 1912 Mermaid Ave. in Coney Island. The building has a total square footage of 65,833 square feet.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $39,700,000
- Market: Coney Island
The loan for this transaction was provided by Mesirow Financial. The landlords involved in the deal are L+M Development, Taconic Partners, and BFC Partners. The brokers representing the parties involved in the transaction are Walker & Dunlop. The loan amount for this refinance is $39,700,000 with a 10-year fixed rate term.
Players
All
6
Agents
4
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Jonathan Schwartz, Aaron Appel, Keith Kurland (@BeefyAppleSeed), Adam Schwartz, Chris Balestra, Ron Moelis & Don Capoccia
DATE: 05/13/2022
ADDRESS: 1912 Mermaid Ave.
MARKET: Coney Island
ASSET TYPE: Office ~ SF: 65,833
LENDER: Mesirow Financial (@MesirowFinancial)
LANDLORD: L+M Development (@LmDevPartners), Taconic Partners & BFC Partners (@BFCPartners)
BROKER: Walker & Dunlop (@WalkerDunlop)
LOAN AMOUNT: $39,700,000
LOAN TYPE: Refinance
LOAN TERMS: 10 year fixed rate loanView on map
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Address1912 Mermaid Avenue
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