Ben Beitel Of Beitel Group Secures $155M Refinance Loan For 315 Grand Concourse Bronx Multifamily

The asset involved in this transaction is a multifamily property located at 315 Grand Concourse in the Bronx, comprising a total of 405 units. The loan amount for this refinancing transaction is $155,000,000, provided under bridge loan terms.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $155,000,000
• Address: 315 Grand Concourse
• Market: Bronx
• Lender: Dwight Mortgage Trust
• Landlord: Ben Beitel - Beitel Group
• Broker: Leah Paskus & Pinchus Vogal - Landstone Capital Group
• Loan Type: Refinance
• Loan Terms: Bridge

This transaction features key individuals such as Ben Beitel, representing the Beitel Group as the landlord, and brokers Leah Paskus and Pinchus Vogal from Landstone Capital Group, who facilitated the loan agreement with Dwight Mortgage Trust.