Chaim Moerman Secures $4.4M Bridge Loan For 48 Unit Multifamily At 981 Delsea Drive

The property involved in this transaction is a multifamily asset located at 981 Delsea Drive in Franklinville. It comprises 48 units, with a total square footage of 44,732. The loan amount secured for this property is $4,400,000 through a bridge loan.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,400,000
• Lender: Eli Ben-Meir & Dylan Kronenberg - Arion Fund
• Landlord: Chaim Moerman
• Sales Broker: Mordy Oratz & Norman Munk - Fernwood Realty Group
• Mortgage Broker: Israel Leiner - Walker & Dunlop

Key individuals involved in the financing include Eli Ben-Meir and Dylan Kronenberg from Arion Fund, highlighting their commitment to tailored financing solutions in the multifamily sector. Furthermore, the sales brokerage was represented by Mordy Oratz and Norman Munk from Fernwood Realty Group, while mortgage brokerage services were provided by Israel Leiner from Walker & Dunlop.