Sherwood Equities Secures $92M Loan From Wells Fargo On 318 E 15th St Multifamily

The property located at 318 E 15th St, New York, NY, 10003, is a MultiFamily asset that was involved in a loan transaction on 10/13/2017. The loan amount for this property was $92,000,000.00.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $92,000,000.00
• Market: New York
• Borrower: Sherwood Equities
• Borrower's Representative: Richard Horowitz (Cooper Horowitz)
• Lender: Wells Fargo

Richard Horowitz from Cooper Horowitz represented the borrower, Sherwood Equities, in the loan transaction with Wells Fargo. The deal further solidified the financial arrangement for the MultiFamily property and showcased the collaborative effort between the borrower and lender in New York.