JP Morgan Chase Provides $9M Refinance Loan For Mixed-Use Property On Bowery Street In Chinatown

A mixed-use property located in Chinatown / Lower Manhattan on Bowery Street has been refinanced for a loan amount of $9,000,000. The property spans a total square footage of 23,244 and is represented by brokers Morris Diamant, Jacob Rochlitz, and Joseph Akerman from Meridian Capital Group. The loan was provided by JP Morgan Chase, with David A. Lewis serving as the lender's representative. The loan terms include a 5.07% interest rate.

Summary of Transaction Details

• Property Type: Mixed-Use
• Transaction Amount: $9,000,000
• Address: Bowery Street
• Market: Chinatown / Lower Manhattan
• Square Footage: 23,244

This transaction involved the participation of Morris Diamant, Jacob Rochlitz, and Joseph Akerman from Meridian Capital Group as the brokers representing the property. Their expertise and negotiation skills played a vital role in facilitating the refinancing deal. JP Morgan Chase, represented by David A. Lewis, provided the loan at a competitive interest rate of 5.07%.