The Hakimian Organization Secures $42.5M Loan From Apple Bank For Multifamily Property On West 18th Street

The Hakimian Organization has closed a multifamily property transaction located at 30 West 18th Street. The property, owned by The Hakimian Organization, was involved in a deal facilitated by brokers Jeff Weinberg and Rael Gervis from @Meridian.Capital.Group. The transaction involved a loan amount of $42,500,000 secured from Apple Bank.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $42,500,000
• Address: 30 West 18th Street
• Landlord: The Hakimian Organization
• Brokers: Jeff Weinberg & Rael Gervis - @Meridian.Capital.Group

The deal was successfully executed with the involvement of key individuals such as Adam Hakimian, Jay Hakimian, Jeff Weinberg, and Rael Gervis. The Hakimian Organization, as the landlord, played a significant role in the transaction, securing a loan from Apple Bank through the efforts of Jeff Weinberg and Rael Gervis from @Meridian.Capital.Group.