Rubin Schron Of Cammeby’s International Group Secures $17.2M Refinance Loan For Multifamily At 1760 Madison Avenue

The property asset involved in this transaction is a multifamily building located at 1760 Madison Avenue in East Harlem, Manhattan. The property encompasses 77,000 square feet and comprises 84 residential units, reflecting its status as an important multifamily asset in the area.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $17,200,000
• Address: 1760 Madison Avenue
• Market: East Harlem, Manhattan
• Lender: NewPoint Real Estate Capital
• Landlord: Rubin Schron - Cammeby’s International Group
• Loan Type: Refinance

In this transaction, Rubin Schron, representing Cammeby’s International Group, secured a refinancing loan from NewPoint Real Estate Capital, which indicates a strategic financial move for the management of the property.