Real Estate Transactions for September

On September 22, 2020, Ron Kornblum represented the borrower, BRIDGEVIEW II, LLC, in the refinance of a 110 unit property located at 26-45 9th Street, Astoria, NY, with Keybank National Association as a lender for a loan amount of $30.9 million.

On September 15, 2020, Ron Kornblum and Marie Landsman represented the purchaser, 4 Georgia TIC members, in its acquisition of a 154 unit apartment complex known as Westminster Club Apartments located at 3901 Darien Highway, Brunswick, Georgia, for a purchase price of $12.5 million. Financing was provided by Capital One in a loan amount of $9.56 million.