Andrew Haxhiu Secures $2.45M Acquisition Loan From Arion Fund For Bronx Multifamily Property

The property involved in this transaction is a multifamily asset located at 1721 Hobart Avenue in the Bronx. It encompasses a total square footage of 25,412 and consists of 37 units. The acquisition loan amounts to $2,450,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,450,000
• Lender: Arion Fund
• Landlord: Andrew Haxhiu
• Broker: Matthew Barbaccia - Brix Real Estate Advisors
• Loan Type: Acquisition

The key individuals involved in this deal include Andrew Haxhiu, who serves as the landlord of the property, and Matthew Barbaccia, representing Brix Real Estate Advisors as the broker in the transaction.