Vitali Feldman & Yura Kontsevoy Secure $42 Million Construction Loan For 136 Unit Multifamily In Paramus

The property asset involved in this transaction is a multifamily building located at 615 Winters Avenue in Paramus. The asset comprises 136 units and encompasses a total square footage of 221,798. The construction loan amount secured for this property is $42,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $42,000,000
• Address: 615 Winters Avenue
• Market: Paramus
• Units: 136
• Square Footage: 221,798
• Lender: Jonathan Atkinson - Kearny Bank
• Landlord: Vitali Feldman & Yura Kontsevoy - Rock Solid Builders

Key individuals involved in this transaction include Vitali Feldman and Yura Kontsevoy, representing Rock Solid Builders, who successfully secured the construction loan. This financing will aid in the development of the multifamily building containing 136 units in Paramus.