Rybak Development Secures $10M Bridge Loan From Maxim Capital Group For Midtown NYC Development Site | 660 Lexington Avenue | Maxim Capital Group | Aaron Niedermayer, Robert (Bob) Tonnessen | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

4,411 sqft

A development site located at 660 Lexington Ave in Midtown, NYC has been involved in a loan transaction. The loan, provided by Maxim Capital Group and brokered by JLL representatives Robert Tonnessen and Aaron Niedermayer, amounts to $10,000,000. The loan type is bridge financing.

Summary of transaction details

Property Type: Development Site
Loan Amount: $10,000,000
Address: 660 Lexington Ave, Midtown, NYC
Market: Midtown, NYC
Landlord: Rybak Development – Sergey Rybak
Lender: Maxim Capital Group - Jason Bordenick
Brokers: Robert Tonnessen & Aaron Niedermayer - JLL

The development site's landlord is Sergey Rybak of Rybak Development. Jason Bordenick from Maxim Capital Group serves as the lender in this transaction, while JLL representatives Robert Tonnessen and Aaron Niedermayer played a role as brokers.

Players

All
4

Agents
2
Agencies
1
Lenders
1

Aaron Niedermayer

Senior Managing Director

$133.7M Sold

Robert (Bob) Tonnessen

Director

JLL

Maxim Capital Group

Details

Deal Summary

FINANCED

IMAGE: Robert Tonnessen, Sergey Rybak, Aaron Niedermayer & Jason Bordenick DATE: 05/05/2023 ADDRESS: 660 Lexington Ave MARKET: Midtown, NYC ASSET TYPE: Development Site LANDLORD: Rybak Development – Sergey Rybak LENDER: Maxim Capital Group - Jason Bordenick BROKERS: Robert Tonnessen & Aaron Niedermayer - JLL (@JLL) LOAN AMOUNT: $10,000,000 LOAN TYPE: Bridge ,NYC

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Address660 Lexington Avenue

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