ICER Properties Secures $21M Loan For Hamilton Heights Multifamily Investment

139 Edgecombe, 610 St Nicholas, 622 St Nicholas, 614 St Nicholas, 606 St Nicholas, 137 Edgecombe, 129 Edgecombe, 135 Edgecombe, and 133 Edgecombe in Hamilton Heights have been involved in a recent closed property transaction. The asset type of these properties is multifamily.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $21,000,000
• Market: Hamilton Heights
• Lender: Walker Dunlop - Jared Sobel
• Landlord: ICER Properties - Joseph Jemal
• Term: 10 Year Fixed Rate Loan, 5 Years Interest Only

Joseph Jemal, representing ICER Properties, and Jared Sobel from Walker Dunlop played key roles in this property transaction. They facilitated the loan agreement for these properties in Hamilton Heights, providing a 10-year fixed-rate loan with 5 years of interest-only payments.