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

$10,550,000

$441/SF

Building Size

23,872 SF

Asset Type

MultiFamily

Closing

May 25, 2025

AI

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.

Players