Adam Shayanfekr Acquires 2-4 Family Homes In Newburgh For $1,850,000

Adam Shayanfekr and Mike Ramin recently closed on a loan deal in Newburgh. The property is located at 205 Broadway, 299 Liberty St., 20, 36 & 37 Edwards St., 139 & 143 S. William St. and consists of 2-4 family homes with a total square footage of 19,200. The loan was provided by sharestates''>Sharestates, with Mike Ramin representing the lender. The borrower in this transaction is Adam Shayanfekr. The loan amount was $1,500,000 and it was an acquisition loan. The sale price of the property was $1,850,000.

Summary of transation details

• Property Type: 2-4 Family Homes
• Transaction Amount: $1,850,000 (Sale Price)
• Loan Amount: $1,500,000
• Lender: Sharestates - Mike Ramin
• Borrower: Adam Shayanfekr
• Market: Newburgh
• Asset Type: 2-4 Family Homes
• Square Footage: 19,200

Sharestates, a direct national private lender, offers various types of loans including 1-4 family fix and flips, large multi-family bridge and value-add loans, ground-up construction loans, and long-term rental loans. Mike Ramin, representing Sharestates, can be contacted at [email protected].