CBRE arm refis Amazon-operated warehouses with $106M loan – Robert Khodadadian

If having Amazon as a tenant is like money in the bank, CBRE Investment Management has made a withdrawal. The independently operated affiliate of CBRE has taken out a $61 million loan on its recently purchased Brooklyn warehouses, operated by Amazon, as part of a $106 million financing package from Bank of America, real estate records show. The funds replace $45 million originated by JPMorgan Chase when the CBRE affiliate bought the warehouses from Wildflower

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, amazon, Brooklyn, CBRE, Industrial Real Estate, Real Estate Loans, refinancing The Real Deal New York Read More