The Bedrin Organization Secures $33M Refinance Loan For Multifamily Complex In Hawthorne

The asset involved in this transaction is a multifamily property located at 204 Wagaraw Road, Hawthorne. The property features 118 apartment units along with 16,400 square feet of retail space. The refinancing loan for this property was arranged for a total of $33,000,000 at a fixed interest rate of 5.82%.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $33,000,000
• Loan Type: Refinance
• Address: 204 Wagaraw Road
• Market: Hawthorne
• Landlord: The Bedrin Organization
• Brokers: Brandon Szwalbenest, Dev Morris & Andrew Stewart - Cronheim Mortgage

Brandon Szwalbenest, Dev Morris, and Andrew Stewart represented The Bedrin Organization in this refinancing deal. The direct lender involved in the transaction remains undisclosed.