Prime Finance Provides $85.6 Million Refinance Loan For Ray Harlem Multifamily In East Harlem

The property asset involved in this transaction is a multifamily building located at 2033 5th Avenue in East Harlem. The building encompasses a total square footage of 145,272 and consists of 222 units. The loan amount secured for the property is $85,600,000, which is a refinance transaction.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $85,600,000
• Loan Type: Refinance
• Address: 2033 5th Avenue
• Market: East Harlem
• Square Footage: 145,272
• Units: 222
• Lender: Prime Finance – Paul Oliveri
• Landlord: LMXD Management – David Dishy & Ray
• Broker Representatives: Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer, Ari Hirt & Nicholas Gilhooley - Walker & Dunlop

This transaction features key individuals and firms involved in the deal. Paul Oliveri from Prime Finance served as the lender, while David Dishy and Ray represented LMXD Management as the landlord. The brokerage team from Walker & Dunlop included multiple representatives instrumental in facilitating the loan process.