Investors Bank Continues to Offer Large CRE Loans

Orefice: “Our loan volume remained steady all year and we’re building relationships with property owners.”

NEW YORK CITY–Investors Bank has continued to diversify its commercial real estate loan portfolio by originating 15 larger financing transactions. These loans are on multifamily housing properties and commercial buildings that include offices, warehouses, retail and mixed-use space. The loans were on properties in New York City, New Jersey, and Philadelphia.

The larger transactions that the Investors Bank CRE Lending Group closed in recent weeks are valued at over $308 million. The transactions are divided among the following CRE sectors: eight multifamily housing properties with 894,000 square feet of space and over 1,000 residential units (including one co-op building); two office buildings covering 307,430 square feet of space, two mixed use properties with 193,078 square feet of space—including residences, retail space and offices; two warehouses with 920,055 square feet of space and one retail building spanning 122,600 square feet.