Jan 31, 2025
Deal Closed! $24.0 Million Towards the Refinance of Three Retail Properties in New York, NY.

Stabilis is pleased to announce the closing of a $24,000,000 senior-secured bridge loan for the refinance of three retail properties in New York, NY.

Stabilis funded a borrower with years of experience developing and managing real estate in the NYC market, with a specific focus on neighborhood retail assets. The properties benefit from being located on well-trafficked roads in both Queens and Staten Island. The properties’ strong tenant mix includes several national franchises and two daycare centers which benefit from New York City’s Universal Pre-K program.

Contact: Juan Robayo, 212-256-8968, juanrobayo@stabiliscap.com