Capstone Equities Secures $18.35M Refinance Loan For Life Hotel In NoMad

The asset involved in the transaction is the Life Hotel located at 19 West 31st Street in the NoMad market. The property was refinanced for a loan amount of $18,350,000 by lenders Jason Bordenick and Adam Glick from Maxim Capital Group. The landlords, Joshua Zamir and Justin Adelipour from Capstone Equities, oversaw the deal. The brokers representing the transaction were Robert Verrone and Anthony D'amelio from Iron Hound Management Company.

Summary of transaction details:

• Property Type: Life Hotel
• Transaction Amount: $18,350,000
• Address: 19 West 31st Street
• Market: NoMad
• Lender: Jason Bordenick & Adam Glick - Maxim Capital Group
• Landlord: Joshua Zamir & Justin Adelipour - Capstone Equities
• Brokers: Robert Verrone & Anthony D'amelio - Iron Hound Management Company
• Loan Type: Refinance

The key individuals and companies behind this deal include Jason Bordenick and Adam Glick from Maxim Capital Group as the lenders, and Joshua Zamir and Justin Adelipour from Capstone Equities as the landlords. Robert Verrone and Anthony D'amelio from Iron Hound Management Company acted as the brokers facilitating the transaction.