5 Cuba Hill Road
The transaction includes a $38,100,000 ($191/SF) non-recourse, first mortgage loan secured by a 199,128-square foot medical office/flex park, known as 5 Cuba Hill Road, located in Greenlawn, NY. Built in 1966 and renovated in 2017, the property is situated on 17.73 acres of land and comprises of four, two-story buildings. The proposed loan will be used to refinance an existing debt. The loan is structured with a 10-year term and amortizes on a 30-year schedule.