Brief
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 learn
Summary
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 […]
Source
- Commercial Observercommercialobserver.com

