Maxim Capital Provides $35M Completion & Condo-Inventory Loan For Residential Condominium In Chelsea, NYC

Located at 251 West 14th Street in Chelsea, New York City, The Elisa is a residential condominium consisting of 25 units spanning over 33,550 square feet. The transaction took place on 01/05/2023.

Summary of transaction details:

• Property Type: Residential Condominium
• Transaction Amount: $35,000,000
• Loan Type: Completion & Condo-Inventory
• Lender: Maxim Capital - Jason Bordenick & Adam Glick
• Landlord: Fine Properties New York (FPNY)
• Brokers: Lauren Kaufman, Gideon Gil, Dale Braverman & Cecelia Galligan - Cushman & Wakefield

The lenders for this transaction were Maxim Capital, with Jason Bordenick and Adam Glick handling the deal. Fine Properties New York (FPNY) acted as the landlord. The brokers involved in the transaction were Lauren Kaufman, Gideon Gil, Dale Braverman, and Cecelia Galligan, representing Cushman & Wakefield.