JLL Arranges $70.6M Agency Loan For Multifamily Property In Gramercy Park | 202 East 23rd Street | Fannie Mae | John Flynn, Jimmy Cochran, Michael Zaremski, Michael Shmuely, Evan Pariser | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

The multifamily property located at 200 East 23rd Street in Gramercy Park, Manhattan has been involved in a recent loan transaction. The loan was provided by Fannie Mae, a leading lender in the industry. The borrower, SMA Equities represented by Samy Mahfar, secured a loan amount of $70,635,000 through agency lending. This loan will support the ongoing operations and development of the property.

Summary of transaction details

Property Type: Multifamily
Loan Amount: $70,635,000
Lender: Fannie Mae
Landlord: SMA Equities - Samy Mahfar

Evan Pariser, Michael Shmuely, Michael Zaremski, John Flynn, and Jimmy Cochran from JLL represented the borrower's interests as brokers in this transaction. Their expertise and negotiation skills have played a crucial role in facilitating this loan deal.

Players

All
7

Agents
5
Agencies
1
Lenders
1

Senior Managing Director

$70M Sold

JLL

Fannie Mae

Details

Deal Summary

FINANCED

IMAGE: Evan Pariser, Michael Zaremski, Michael Shmuely, John Flynn & Jimmy Cochran DATE: 01/05/2024 ADDRESS: 200 East 23rd Street MARKET: Gramercy Park, Manhattan ASSET TYPE: Multifamily LENDER: Fannie Mae (@OfficialFannieMae) LANDLORD: SMA Equities - Samy Mahfar BROKERS: Evan Pariser, Michael Shmuely, Michael Zaremski, John Flynn & Jimmy Cochran - JLL (@JLL) LOAN AMOUNT: $70,635,000 LOAN TYPE: Agency Lending

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Address202 East 23rd Street

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