David Minzer & Shaya Sonnenschein Of AANDAR Real Estate Capital Secures $22 Million Loan For Multifamily Property In Peabody

The asset involved in this transaction is a multifamily property located at 194 Newbury Street in Peabody, MA. The loan amount for this property is $22,000,000, designated as a construction loan with terms of 250/SOFR and 75% LTC.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $22,000,000
• Loan Type: Construction
• Loan Terms: 250/SOFR - 75% LTC

David Minzer and Shaya Sonnenschein represent AANDAR Real Estate Capital in this transaction, bringing institutional strength and boutique precision to the deal. Their expertise contributes to the successful execution of the construction loan for the multifamily property.