Nir Mor Of Hanover Capital NY Provides $8M Bridge Refinance Loan In Lower East Side

The mixed-use property located in Lower East Side, Manhattan, with 12 units spanning 38,500 square feet, underwent a refinancing bridge loan transaction. The loan amount secured for this transaction was $8,000,000, facilitated by Nir Mor of Hanover Capital NY.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $8,000,000
• Market: Lower East Side, Manhattan
• Units: 12
• Square Footage: 38,500
• Lender: Nir Mor - Hanover Capital NY
• Loan Type: Refinance, Bridge

Nir Mor from Hanover Capital NY played a key role as the lender in this refinancing bridge loan deal, demonstrating expertise in guiding the transaction to completion.