FINANCED
JLL Secures $176.5M Recapitalization Loan For Mixed-Use Property In Downtown Brooklyn
One Boerum Place - 1 Boerum Place
Mixed-use
194,000 SF
194,000 SF
Summary
Loan
NEW YORK
Mixed-use
194,000 sqft
A mixed-use property located at One Boerum Place in Downtown Brooklyn has recently undergone a recapitalization transaction. The property spans over 194,000 square feet and is situated in a bustling market.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $176,450,000
- Loan Type: Recapitalization
- Loan Terms: Senior + Mezzanine
The loan for this property was provided by quadreal''>QuadReal and Global Holdings Management Group. The landlord of the property is Avery Hall Investments, Aria Development, and Allegra Holdings. The deal was facilitated by brokers Christopher Peck, Peter Rotchford, and Alex Staikos from JLL.
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Details
FINANCED
IMAGE: Christopher Peck, Peter Rotchford & Alex Staikos
DATE: 08/23/2021
ADDRESS: One Boerum Place - 1 Boerum Pl.
MARKET: Downtown Brooklyn
ASSET TYPE: Mixed-use ~ SF: 194,000
LENDER: QuadReal & Global Holdings Management Group
LANDLORD: Avery Hall Investments, Aria Development & Allegra Holdings
BROKERS: Christopher Peck, Peter Rotchford & Alex Staikos @JLL
LOAN AMOUNT: $176,450,000
LOAN TYPE: Recapitalization
LOAN TERMS: Senior + MezzanineView on map
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AddressOne Boerum Place - 1 Boerum Place
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