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NewsJun 29, 20260 views

Citigroup Refis East Village Apartment Building With $45M CMBS Loan

Benchmark Real Estate Group has sealed $44.5 million of commercial mortgage-backed securities (CMBS) debt to refinance a multifamily property in Manhattan’s East Village, Commercial Observer has learned. Citigroup provided the CMBS loan for the 61-unit, six-story apartment building at 194 East Secon

Source: Commercial Observer

Benchmark Real Estate Group has sealed $44.5 million of commercial mortgage-backed securities (CMBS) debt to refinance a multifamily property in Manhattan’s East Village, Commercial Observer has learned. Citigroup provided the CMBS loan for the 61-unit, six-story apartment building at 194 East Second Street that Benchmark acquired from Skyline Developers in 2024 for $43 million. JLL […]

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