Dime Bank Provides $59.75M Refinance Loan For Upper East Side Portfolio | Upper East Side Portfolio | HF Capital | Judah Hammer, Charlie Terrasi, Daniel Neiss | MultiFamily | Loan

Summary

Loan

NATIONAL

MultiFamily

1 sqft

The Upper East Side Portfolio located in Upper East Side, NY has undergone a successful loan refinancing transaction. This multifamily property consists of 254 units and is situated in a highly desirable market.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $59,750,000
Loan Type: Refinance
Loan Terms: 7-year Fixed, 5.36% rate, Partial IO term, Bank Lender

The loan was provided by Dime Bank, a reputable lending institution. The brokers involved in the transaction were Judah Hammer and Daniel Neiss from Meridian Capital Group, and Charlie Terrasi from Dime Savings Bank, who represented their respective clients throughout the deal.

Players

All
5

Agents
3
Agencies
1
Lenders
1

$10.3M Sold

Meridian Capital Group

HF Capital

Details

Deal Summary

FINANCED

IMAGE: Judah Hammer, Daniel Neiss & Charlie Terrasi DATE: 02/23/2023 ADDRESS: Upper East Side Portfolio MARKET: Upper East Side NY ASSET TYPE: Multifamily ~ UNITS: 254 LENDER: Dime Bank BROKERS: Judah Hammer (@JudahHammer) & Daniel Neiss - Meridian Capital Group (@Meridian.Capital.Group); Charlie Terrasi - Dime Savings Bank LOAN AMOUNT: $59,750,000 LOAN TYPE: Refinance LOAN TERMS: 7-year Fixed, 5.36% rate, Partial IO term, Bank Lender

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AddressUpper East Side Portfolio

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