Dhiren Mehta Secures $2M Loan For Bronx Multifamily Property With JP Morgan Chase

The multifamily property located at 2406 Westchester Avenue in Bronx has recently undergone a closed transaction. The loan for this property was provided by JP Morgan Chase. The landlord responsible for this property is Dhiren Mehta. Simon Rosenfeld from Meridian Capital Group represented the seller in this deal.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $2,000,000
• Loan Terms: 7 Year Term, Fixed Rate of 3.00%, 30 Year Amortization
• Image: Simon Rosenfeld
• Date: 05/07/2021
• Address: 2406 Westchester Avenue
• Market: Bronx

This transaction involved key individuals and companies. Simon Rosenfeld represented the seller as the broker from Meridian Capital Group. The loan was secured from JP Morgan Chase. Dhiren Mehta served as the landlord for the property.