Fannie Mae Provides $116.08 Million Refinance Loan For Alexander Crossing Multifamily In Yonkers

The asset involved in this transaction is a multifamily property located at 57 Alexander Street, Yonkers, featuring a total square footage of 326,000 and comprising 440 units. The total loan amount secured for the refinance transaction is $116,080,000, facilitated by the lender Fannie Mae.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $116,080,000
• Address: 57 Alexander Street
• Market: Yonkers
• Units: 440
• Square Footage: 326,000
• Lender: Fannie Mae
• Landlord: Rose Associates - Amy Rose & Marc Ehrlich; & Battery Global Advisors
• Brokers: Walker & Dunlop - Aaron Appel, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Sean Reimer, Michael Ianno & Sean Bastian

The key individuals in this transaction include the landlords, Amy Rose and Marc Ehrlich of Rose Associates, and the representatives from Battery Global Advisors. Walker & Dunlop facilitated the loan arrangement with brokers Aaron Appel, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Sean Reimer, Michael Ianno, and Sean Bastian playing an integral role in the refinancing process.