Meridian Capital Group Facilitates $135M Loan For New Rochelle Multifamily Property | 1 Shearwood Place | Zev Karpel, Judah Hammer | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

The multifamily property located at 1 Sherwood Place in New Rochelle has recently undergone a closed transaction. The property consists of a 24-story high-rise luxury apartment building with 408 units. Additionally, there is a parking structure on site with 422 parking spaces. The transaction involved a purchase loan amount of $135,000,000.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $135,000,000
Number of Units: 408
Address: 1 Sherwood Place, New Rochelle

The deal was facilitated by brokers Judah Hammer and Zev Karpel from Meridian Capital Group. They represented the parties involved in the purchase loan transaction.

Players

All
3

Agents
2
Agencies
1

$68.1M Sold

$10.3M Sold

Meridian Capital Group

Details

Deal Summary

FINANCED

IMAGE: Joe Fingerman, Judah Hammer, Zev Karpel & Chris Pennino DATE: 08/25/2022 ADDRESS: 1 Sherwood Place MARKET: New Rochelle ASSET TYPE: Multifamily ~ UNITS: 408 BROKERS: Judah Hammer & Zev Karpel - Meridian Capital Group LOAN AMOUNT: $135,000,000 LOAN TYPE: Purchase LOAN TERMS: 408 unit 24 story high rise Luxury Apartment building + 422 space parking structure

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Address1 Shearwood Place

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