Rego Park II

Overview

Deal Type CMBS
Size $11 Million
Refinance
Our Role Lender

Summary

Rego Park II is a 7,248 square foot, Class B, unanchored neighborhood retail center located in Queens, NY. Built in 1940, the property is comprised of six one-story buildings, situated on a 1.42- acre of land. The property is occupied by 26 unique tenants and is 92.9% occupied. The tenant base includes national tenants Starbucks, Mattress Firm, Dunkin' Donuts, Subway, with the major tenant being Duane Reade (a wholly-owned subsidiary of Walgreens Boots Alliance). The proposed loan will be used to refinance existing debt at the property.

Recent Deals

March 2025

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$1 Billion

Convertible Senior Notes due 2030

Co-Manager

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March 2025

sandbrook capital

acquired

intellirent

Senior Secured Credit Facilities

Sole Lead Arranger
Administrative Agent

intellirent
March 2025

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a portfolio company of

caleracapital

$625 Million

Senior Secured Credit Facilities

Joint Lead Arranger
Joint Bookrunner

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March 2025

terra vet

has received an entity-level preferred equity investment from

sculptor

Sole Placement Agent

terravet-reit-inc

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