The Habif Group Secures $5,637,450 Refinance Loan From Arbor Realty Trust For Mixed-Use Asset

The property involved in this transaction is a mixed-use asset located at 240 Elizabeth Street in the Nolita market of Manhattan. A refinance loan was secured for the property, amounting to $5,637,450. The specific type of loan is a cash-out full term interest-only loan.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $5,637,450
• Lender: Arbor Realty Trust
• Landlord: The Habif Group - David Habif
• Loan Type: Refinance
• Note: Cash-out full term I/O

The key individuals in this transaction include David Habif, who represents The Habif Group as the landlord. Arbor Realty Trust acted as the lender for this refinance transaction.