Oren Evenhar Of Evenhar Development Secures $12 Million Refinance Loan From J.P. Morgan Chase For 53 Mercer Street

The property asset involved in this transaction is a mixed-use building located at 53 Mercer Street in SoHo, Manhattan. The building features a combined square footage of 7,801 and comprises two units dedicated to residential and retail use.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $12,000,000
• Lender: J.P. Morgan Chase
• Landlord: Oren Evenhar - Evenhar Development
• Loan Type: Refinance
• Date: 08/03/2026

The refinancing transaction was facilitated by J.P. Morgan Chase through its Mercer Sunshine LLC entity, involving Oren Evenhar, who represents Evenhar Development in this deal. The focus of this transaction highlights the financial collaboration between the lender and the landlord in supporting the operation of the property.