Signature Bank Provides $26.5M Refinance Loan For Multifamily Property In Flatbush | 2520 Tilden Avenue | Signature Bank | Kyle Raffo, Scott Assouline, Isaac Lifshitz | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

86,360 sqft

A multifamily property located at 2520 Tilden Ave in the Flatbush market has recently undergone a refinancing transaction. The property spans approximately 86,360 square feet and is part of a multifamily asset.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $26,500,000
Date: 04/15/2022
Lender: Signature Bank
Brokers: Scott Assouline, Isaac Lifshitz & Kyle Raffo - Meridian Capital Group

The refinancing loan, provided by Signature Bank, amounts to $26,500,000. The loan has a fixed interest rate of 3.25% for a duration of 5 years.

Players

All
5

Agents
3
Agencies
1
Lenders
1

$97.5M Sold

$134.5M Sold

Meridian Capital Group

Signature Bank

Details

Deal Summary

FINANCED

IMAGE: Scott Assouline, Isaac Lifshitz & Kyle Raffo DATE: 04/15/2022 ADDRESS: 2520 Tilden Ave. MARKET: Flatbush ASSET TYPE: Multifamily ~ SF: 86,360 LENDER: Signature Bank BROKERS: Scott Assouline, Isaac Lifshitz & Kyle Raffo - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $26,500,000 LOAN TYPE: Refinance LOAN TERMS: 3.25% fixed for 5 years

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Address2520 Tilden Avenue

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