LMF Commercial Secures $5.65M Refinance Loan In Ridgewood With Nihad Choudhury As Lender

Nihad Choudhury's LMF Commercial has provided a loan of $5,650,000 for a mixed-use property in Ridgewood. The loan is a refinance, with CMBS terms of 5 years, full interest-only payments, a 75% loan-to-value ratio, and a 31-day closing period.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $5,650,000
• Lender: Nihad Choudhury - LMF Commercial
• Brokers: Michael Wittow
• Loan Type: Refinance
• Loan Terms: CMBS: 5 year, Full IO, 75% LTV, 31 day close

The loan for this mixed-use property in Ridgewood was facilitated by Nihad Choudhury from LMF Commercial, with Michael Wittow acting as the broker. The transaction involved a loan amount of $5,650,000, with a refinance loan type and specific CMBS terms. The loan-to-value ratio was 75%, and the loan agreement included a 5-year term with full interest-only payments. The closing period for the deal was completed within 31 days.