Axos Bank Provides $2.7M Cash-out Refinance Loan For Mixed-Use Property On Smith Street, Brooklyn

Axos Bank has provided a cash-out refinance loan of $2,700,000 for a mixed-use property located at 142-144 Smith Street in Brooklyn. The deal was facilitated by broker Simon Rosenfeld from Meridian Capital Group. The property is situated in the Brooklyn market and offers a combination of residential and commercial spaces.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $2,700,000
• Lender: Axos Bank
• Broker: Simon Rosenfeld - Meridian Capital Group
• Address: 142-144 Smith Street
• Market: Brooklyn

This deal represents a cash-out refinance loan provided by Axos Bank, as facilitated by Simon Rosenfeld from Meridian Capital Group. The property, located at 142-144 Smith Street in Brooklyn, is a mixed-use asset offering both residential and commercial spaces. The loan amount of $2,700,000 will provide the borrower with additional funds based on the property's value.