Donald C. Notice Secures $63.3M Loan For Harlem Multifamily Rehabilitation

Located in Harlem, Manhattan, the asset involved in this transaction comprises residential properties at 117 West 129th Street, 102-104 West 142nd Street, and 154 West 129th Street. The loan amount for this multifamily property was $63,300,000 provided by Merchants Bank of Indiana for a rehabilitation project.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $63,300,000
• Landlord: Donald C. Notice - West Harlem Group Assistance
• Lender: Phil Daubenmire - Merchants Bank of Indiana

West Harlem Group Assistance, represented by Donald C. Notice, secured the $63.3 million rehabilitation construction loan from Merchants Bank of Indiana. The loan will fund the renovation of 27 properties scattered across Harlem, Manhattan, contributing to the enhancement of the residential buildings in the area.