$46M Loan Closed On MultiFamily Property In New York City

The property at 215 W 84th St, New York, NY, 10024, is a MultiFamily asset located in the New York market. The loan secured for this property amounted to $46,000,000.00. The borrower's representatives in this transaction were Max Herzog from Institutional Property Advisors and Scott Aiese from JLL. The lending institution involved was an Unknown Correspondent life insurance company.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $46,000,000.00
• Address: 215 W 84th St, New York, NY, 10024
• Market: New York

Max Herzog, representing Institutional Property Advisors, and Scott Aiese, from JLL, played a crucial role in facilitating this transaction. The lender involved in this deal was an Unknown Correspondent life insurance company, underscoring the complexity and varying financial sources in property transactions.