Real Estate Weekly
Image default
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.

(Visited 1 times, 1 visits today)

Related posts

Taconic Capital Advisors Closes $500M Distressed and Opportunistic Real Estate Fund


New York Outer Boroughs industrial portfolio refinanced with $60.8M loan


JLL arranges $230M refinancing for new Lionsgate Studios in Yonkers