Kings Capital Secures $21.5 Million Refinance Loan For Multifamily Asset In Hell's Kitchen

The property asset involved in this transaction is a multifamily building located at 359 West 48th Street in Hell's Kitchen, Manhattan. The asset encompasses a total square footage of 36,500 and has secured a loan amount of $21,500,000 for refinancing purposes.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $21,500,000
• Address: 359 West 48th Street
• Market: Hell's Kitchen, Manhattan
• Lender's Representatives: Farrukh Hasanov & Farkhad Hasanov - F2H Capital Group
• Landlord: Kings Capital
• Loan Type: Refinance

The deal involves the lender's representatives, Farrukh Hasanov and Farkhad Hasanov, who are affiliated with F2H Capital Group. F2H Capital Group operates as debt advisors that assist real estate investors in acquiring, refinancing, or recapitalizing commercial properties nationwide. They provide creative financing solutions for complex deals.