Palladium Management Secures $4.75M CMBS Loan For Multifamily Property In New Rochelle

The multifamily property located at 260 Centre Avenue in New Rochelle has recently undergone a closed transaction. The deal involved a loan of $4,750,000, secured through a 10-year CMBS loan.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $4,750,000
• Address: 260 Centre Avenue, New Rochelle
• Lender: Michael Deford from LMF
• Landlord: David Roth from Palladium Management
• Brokers: Max Herzog, Marko Kazanjian, and Andrew Cohen from Jones Lange LaSalle

The loan was facilitated by Michael Deford, representing LMF. The landlord of the property is David Roth, associated with Palladium Management. The deal was brokered by Max Herzog, Marko Kazanjian, and Andrew Cohen from Jones Lange LaSalle.