Penn South Capital Refinances Upper West Side Multifamily Property With $10.35M Loan From Keybank Real Estate Capital

The multifamily property located at 241 West 75th Street in the Upper West Side has undergone a refinancing transaction. The loan amount for this deal was $10,350,000. The lender involved in this transaction was Keybank Real Estate Capital. The property is owned by Penn South Capital, which includes Parag Sawhney and Raymond Chera as the landlords. The broker representing this deal was Ben Jacobs from Meridian Capital Group.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $10,350,000
• Address: 241 West 75th Street
• Market: Upper West Side

Meridian Capital Group, America's most active real estate finance and advisory firm, facilitated this transaction. They have closed over $55 billion in financing in 2022 across various property types. Ben Jacobs from Meridian Capital Group can be contacted at 212-612-0202 or [email protected] for more information about their services.