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Cushman & Wakefield Closes $3.8 Million Loan in Greenwich Village

04/02/2015

Cushman & Wakefield is pleased to announce the closing of a $3.8 million non-recourse loan, collateralized by a mixed-use building at 92 West Houston Street in Manhattan’s Greenwich Village. The loan features 30-year amortization and a rate of 3.6%.

"Cushman & Wakefield’s Brendan Gotch recently handled the leasing of the retail space and because of a significant increase in the value of the property due to this new leasing, we were able to secure a cash-out refinance for the owner,” said Cushman & Wakefield’s John Leslie, who exclusively handled this transaction.  “This is a classic example of how Cushman & Wakefield offers our clients a variety of services to maximize the value of their real estate assets,” he continued.

04/02/2015 - 15:45

Source

Cushman & Wakefield Capital Markets Group New York

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