Real Estate Transactions for August
August 31, 2020 |On August 13, 2020, Ron Kornblum represented the borrowers, 79 Kingston Owner LLC, AB36 LLC and BN36, LLC, in the refinance of 79 Kingston Avenue, Brooklyn, NY with a $2.2 million loan from Signature Bank.
On August 13, 2020, Ron Kornblum represented the borrower, Barry Nathan II, LLC in the refinance of 827 Nostrand Avenue, Brooklyn, NY with a $1.72 million loan from Signature Bank.
On August 25, 2020, Ron Kornblum represented the purchaser, Multiple TIC Owners, in the acquisition of a 400 unit apartment complex known as Annandale Garden Apartments located at 10862 Nichols Boulevard, Olive Branch, MS for a $41.5 million purchase price. Capital One, N.A. financed the purchase with a loan amount of $33.2 million.
On August 27, 2020, Ron Kornblum represented the borrower, Multiple TIC Owners in the refinance of 5700 Altama Avenue, Brunswick, GA with Capital One, N.A. with a loan amount of $10.78 million.
