IceCap Group Provides $16M Refinance Loan For 29-Unit Multifamily Property In Long Island City

A multifamily property in Long Island City has been refinanced with a loan amount of $16,000,000. The property consists of 29 units and is located in the Long Island City market. The loan was provided by IceCap Group, and the brokers involved in the transaction were Ezra Dweck, Joe Oved, and Jack Oved from IceCap Group.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $16,000,000
• Market: Long Island City
• Units: 29
• Lender: IceCap Group
• Brokers: Ezra Dweck, Joe Oved & Jack Oved - IceCap Group
• Loan Type: Refinance
• Loan Terms: 30 Year

This financing deal involved the collaboration of Ezra Dweck, Joe Oved, and Jack Oved from IceCap Group, who represented the buyer in the transaction. The loan was provided by IceCap Group for the purpose of refinancing the multifamily property in Long Island City. The terms of the loan are set for 30 years.