Scott Burk Of LMF Commercial Secures $10.55M Refinance Loan For Ridgewood Multifamily Portfolio

The asset involved in this transaction is a multifamily property located in Brooklyn, Ridgewood, comprising 5,968 square feet and consisting of 25 units.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $10,550,000
• Lender: LMF Commercial
• Loan Originator: Scott Burk
• Broker: Elya Kahn - Greenrock Funding
• Loan Type: Refinance
• Loan Terms: CMBS Refi: 5-Year, Fixed-Rate, IO
• Note from Lender: four property multifamily portfolio

The key individuals involved in this transaction include Scott Burk, who originated the loan, and Elya Kahn, representing Greenrock Funding as the broker for the deal.