David Meytin Of Flatiron Realty Capital Provides $2.3 Million Refinance For Mantoloking Single Family Home

A luxury single-family home in Mantoloking, NJ was involved in a recent refinancing transaction, with the loan amount set at $2,300,000. The asset is characterized by its coastal location, allowing for greater flexibility in financing options. The refinance was structured as a 12-month stabilized bridge loan to provide the borrower with time to evaluate very specific market strategies without interruptions from existing debt obligations.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $2,300,000
• Lender: David Meytin - Flatiron Realty Capital
• Loan Type: Refinance
• Loan Terms: 12 Month Stabilized Bridge

Flatiron Realty Capital managed the refinancing process, showcasing its capability to provide tailored financing solutions in competitive high-value markets. The loan was designed to alleviate pressure on the borrower while they consider their options for either selling the property or seeking long-term financing alternatives. This approach exemplifies Flatiron’s strength in delivering customized solutions suited for transitional assets.