Nihad Choudhury Of LMF Commercial Provides $4.465M Refinance Loan For Bronx Multifamily Asset

The property asset involved in the transaction is a multifamily unit located in the Bronx. It comprises 6,750 square feet and contains 15 units, facilitating residential accommodation. The deal was secured through a refinance loan, amounting to $4,465,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,465,000
• Lender: Nihad Choudhury - LMF Commercial
• Broker: Ernest Lefkowitz - Landstone Capital Group
• Loan Type: Refinance
• Loan Terms: CMBS: 5 year term, 30 year amort.
• Date: 12/03/2024
• Market: Bronx

Nihad Choudhury represented LMF Commercial as the lender in this transaction. Ernest Lefkowitz from Landstone Capital Group acted as the broker, facilitating the loan process and ensuring the efficient handling of the transaction for the parties involved.