First Republic Bank Refinances Industrial Property In Canarsie For $40M With Broadway Stages As Landlord

A loan was recently obtained for an industrial property located at 570 East 108th Street in Canarsie. The property has a total area of 177,386 square feet. The loan was secured through First Republic Bank for a total amount of $40,000,000. The loan type for this transaction was a refinance.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $40,000,000
• Address: 570 East 108th Street
• Market: Canarsie
• Landlord: Broadway Stages - Gina Argento

Gina Argento, the representative of Broadway Stages, played a key role in the loan transaction. The involvement of First Republic Bank as the lender is also noteworthy.