Benchmark Real Estate Secures $44.5 Million Refinance Loan From Citi For East Village Multifamily

The property asset involved in the transaction is a MultiFamily building located at 194 East 2nd Street in the East Village market of Manhattan. The asset spans 58,522 square feet and comprises 61 units, with a loan amount of $44,500,000 for a refinance deal.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $44,500,000
• Square Footage: 58,522
• Units: 61
• Address: 194 East 2nd Street
• Market: East Village, Manhattan
• Lender: Citi
• Lender's Representatives: James Goldberg & Eric Lawrence
• Landlord: Benchmark Real Estate
• Landlord's Representatives: Aaron Feldman & Jordan Vogel
• Brokers: Michael Zaremski & Clayton Ross
• Loan Type: Refinance

Key individuals in this transaction include James Goldberg and Eric Lawrence, who represent Citi as the lender. Benchmark Real Estate is represented by Aaron Feldman and Jordan Vogel, while the brokerage for the deal is JLL, represented by Michael Zaremski and Clayton Ross.