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Debt & Equity

Daten Group, Lighthouse Enterprises refinance loans on White Plains apartments

Photo by Tracy O/Flickr
Photo by Tracy O/Flickr

BankUnited provided two loans totaling $16 million to The Daten Group/Lighthouse Enterprises of White Plains to refinance construction loans on two luxury apartment buildings in White Plains.

Daten and Lighthouse received a loan of $7,657,500 to refinance a construction loan on La Gianna Rose, a 26,500 s/f, four-story elevator residential building featuring 24 residential units and one 2,600 s/f ground-floor commercial space.

The property, which sits on a 14,442-square-foot lot, is located at 40-42 Waller Avenue.

They also received an $8,325,000 loan to refinance a construction loan on the Sanctuary, a 35,878-square-foot, two-story elevator residential building featuring 23 residential units. The property, which sits on a 28,800 s/f lot, is located at 115 North Broadway.

Both luxury apartment buildings were completed in 2015.

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