Signature Bank Provides $20.5M Refinance Loan For Multifamily & Mixed-use Property In Tribeca & Financial District

The property involved in this closed transaction is located at 287 Broadway & 17 Park Place in the Tribeca & Financial District market. The asset consists of a multifamily and mixed-use building.

Summary of transaction details:

• Property Type: Multifamily & Mixed-use
• Transaction Amount: $20,500,000
• Address: 287 Broadway & 17 Park Place
• Market: Tribeca & Financial District

The lender involved in this transaction is Signature Bank, represented by Kenneth A. Stagnari. The loan amount for this deal is $20,500,000, and it was a refinance loan. The landlord in this transaction is United American Land, represented by Albert Laboz.