$34MM Multifamily Recapitalization | New York, NY

Structured and arranged a permanent loan to refinance a stabilized portfolio of three multifamily properties in Manhattan, NY


The client’s existing fixed rate loan was converting to a significantly higher floating rate. Additionally, the client desired to lock in the longest term possible given the prevalence of historically low rates.

$34MM Multifamily Recapitalization | New York, NY


Identified a bank willing to provide ten-year fixed-rate financing. Due to the bank’s prior relationship with the Borrower, they were able to move quickly and close on time prior to a reset.

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