Galleria at Crystal Run

Middletown, NY
100 Retail Shops, 6 Entertainment Venues, 10 Restaurants
Unrealized

GreenBarn, along with its partners InterVest Capital Partners, Skylight Real Estate Partners and OakNorth, originated a $81M loan on the Galleria at Crystal Run shopping center in Middletown, N.Y. The financing allows the sponsor, Pyramid Management Group, to continue to reinvest in the property and ensure its vitality, vibrancy and sustained success in Orange County and the Hudson Valley.

Anchored by Macy’s, JCPenney, and Target, Galleria at Crystal Run offers over 100 retail shops, 6 entertainment venues and 10 onsite eateries such as AMC Theaters, Urban Air Adventure Park, Round 1 Bowling and Amusement, 110 Grill, and Fuji Japanese Steakhouse.

Galleria at Crystal Run is a significant employment driver in the region, with nearly 1,700 people employed by Pyramid and its tenants.