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312 Manhattan Avenue, 548 East 183rd Street & 2505 Hoffman Street
FINANCED

Namdar Realty Group Secures $147.1M Refinance Loan With Reznik Paz Nevo Trusts

312 Manhattan Avenue, 548 East 183rd Street & 2505 Hoffman Street

MultiFamily
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Summary

Loan
NEW YORK
MultiFamily

The transaction involved 20 properties, totaling 267 residential units across Harlem and Belmont/Little Italy, Bronx. The loan amount for this refinance was $147,100,000 with Israel-based Reznik Paz Nevo Trusts providing the financing.

Summary of transaction details:

  • Property Type: Multifamily & Hotel
  • Transaction Amount: $147,100,000
  • Address: 312 Manhattan Avenue, 548 East 183rd Street & 2505 Hoffman Street
  • Market: Belmont/Little Italy, Bronx
  • Lender: Reznik Paz Nevo Trusts - Hillel Lazarus
  • Landlord: Igal Namdar - Namdar Realty Group, Klosed Properties & Ramin Abdolazadeh, Aaron Etessami & Troy Kordvani

Namdar Realty Group, Klosed Properties, alongside partners Ramin Abdolazadeh, Aaron Etessami, and Troy Kordvani, successfully secured the $147.1 million refinance loan with Reznik Paz Nevo Trusts. Hillel Lazarus represented the lender in this lucrative transaction.

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Reznik Paz Nevo Trusts
Reznik Paz Nevo Trusts

Details

Deal Summary
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FINANCED
IMAGE: Igal Namdar DATE: 05/24/2024 ADDRESS: 312 Manhattan Avenue, 548 East 183rd Street & 2505 Hoffman Street MARKET: Belmont/Little Italy, Bronx ASSET TYPE: Multifamily & Hotel ~ UNITS: 267 LENDER: Reznik Paz Nevo Trusts - Hillel Lazarus LANDLORD: Igal Namdar - Namdar Realty Group (@NamdarLLC) , Klosed Properties (@KlosedProperties) & Ramin Abdolazadeh, Aaron Etessami & Troy Kordvani LOAN AMOUNT: $147,100,000 LOAN TYPE: Refinance NOTE: Namdar Realty Group, Klosed Properties, and partners, secured a $147.1 million refinance loan with Israel-based Reznik Paz Nevo Trusts for 20 properties, totaling 267 residential units across Harlem and Belmont/Little Italy, Bronx.

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Address312 Manhattan Avenue, 548 East 183rd Street & 2505 Hoffman Street

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