JP Morgan Chase Provides $5.9M Refinance Loan For Multifamily Property In Bronx

The property asset involved in the transaction is a multifamily building located at 4568 Manhattan College Parkway in the Bronx. It has a total square footage of 63,600 and consists of 61 residential units. The loan amount secured for this asset is $5,900,000, classified as a refinance loan issued by JP Morgan Chase.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,900,000
• Address: 4568 Manhattan College Parkway
• Market: Bronx
• Lender: JP Morgan Chase
• Broker: Chesky Klein & Ezra Sutton - Meridian Capital Group
• Units: 61
• Square Footage: 63,600
• Loan Type: Refinance

This transaction involves brokers Chesky Klein and Ezra Sutton representing the financing deal as part of their role at Meridian Capital Group. They facilitated the refinancing process with JP Morgan Chase for the multifamily asset located in the Bronx, ensuring that all requirements and details were managed effectively for the transaction.