FINANCED
Castellan Capital Refinances Soho Mixed-Use Property For $8.25M With Meridian Capital Group
SoHo, New York
Mixed-use
16,900 SF
16,900 SF
Financed 1 year ago
Summary
Loan
NEW YORK
Mixed-use
16,900 sqft
Summary of transaction details
Located in Soho - New York, NY, this mixed-use property with a size of 16,900 square feet was involved in a loan transaction. The loan amount for this refinance was $8,250,000. The loan terms included a 24-month term with full-term interest only, and an interest rate of Prime + 2%.
The lender for this transaction was Castellan Capital, with Steven Victor representing the company. The brokers involved in this deal were Seth Grossman and John Bianco from Meridian Capital Group, who facilitated the transaction between the borrower and the lender.
NOTE: Meridian Capital Group is America's most active real estate finance and advisory firm, with a track record of closing over $55 billion in financing in 2021 across various property types. They represent leading real estate investors and developers.
Players
All
4
Agents
2
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: John Bianco, Seth Grossman & Steven Victor
DATE: 10/20/2022
MARKET: Soho – New York, NY
ASSET TYPE: Mixed-Use ~ SF: 16,900
LENDER: Castellan Capital - Steven Victor
BROKERS: Seth Grossman & John Bianco - Meridian Capital Group (@Meridian.Capital.Group)
LOAN AMOUNT: $8,250,000
LOAN TYPE: Refinance
LOAN TERMS: Prime + 2%, 24 Month Term, Full Term Interest Only
NOTE FROM @Meridian.Capital.Group: Meridian Capital Group is America’s most active real estate finance and advisory firm, having closed over $55 billion in financing in 2021 across all property types, including multifamily, office, retail, hotel, mixed-use, industrial, and construction. Meridian represents many of the world’s leading real estate investors and developers.View on map
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AddressSoHo, New York
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