Namdar Group Secures $26.3 Million Refinance Loan From RWC Lending For Multifamily Asset In Great Neck
FINANCED
$26,300,000
New York
See Similar DealsMultiFamily
Financed
FINANCED
Namdar Group Secures $26.3 Million Refinance Loan From RWC Lending For Multifamily Asset In Great Neck
15 Bond Street
See Similar DealsMultiFamily
Financed
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan
The property asset involved in this transaction is a multifamily building located at 15 Bond Street in Great Neck, NY. The loan amount for this refinancing is $26,300,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $26,300,000
- Lender: RWC Lending
- Landlord: Namdar Group
- Brokers: Satyam Patel & Zev Feder - Meridian Capital Group
- Loan Type: Refinance
- Date: 3/3/2026
The key individuals involved in this deal include Satyam Patel and Zev Feder, who represent the landlord, Namdar Group, through their agency Meridian Capital Group. They facilitated the refinancing transaction with RWC Lending.
Players
LENDER
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$26,300,000.00
Monthly NOI$175,333.33
Monthly Debt Service$166,233.89
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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