The refinance loan for the mixed-use property located at 40 Avenue C in New York, NY has been successfully closed. The property is a mixed-use asset, combining residential and commercial spaces. The transaction was facilitated by Piermont Bank as the lender. The loan amount for the refinance was $2,100,000.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,100,000
• Lender: Piermont Bank
• Brokers: David Oheb, John Bianco & Don Aynesazan - Meridian Capital Group

The Meridian Capital Group, represented by David Oheb, John Bianco, and Don Aynesazan, played a vital role in successfully closing the loan refinance deal. Meridian Capital Group is a renowned real estate finance and advisory firm, having closed over $55 billion in financing in 2021 across various property types. They cater to leading real estate investors and developers, providing valuable services for their portfolios.

This transaction, facilitated by Meridian Capital Group, demonstrates their expertise and ability to efficiently close such deals. The loan refinance for the mixed-use property was completed within a remarkable timeframe of just 48 days, showcasing the team's dedication and effectiveness.

For more information on how Meridian Capital Group can enhance your real estate portfolio, please contact David Oheb at 212-612-0193 or email [email protected].