Lev Capital Secures $360K Refinance Loan For Multifamily Property In Middletown

The multifamily property located at 76 Academy Ave in Middletown has recently undergone a refinancing loan transaction. The loan amount for this deal was $360,000, with a loan type of refinance. The loan terms include a 75% loan-to-value ratio, a 7-year term, a 5.87% interest rate, and a 25-year amortization schedule.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $360,000
• Asset Type: Multifamily
• Address: 76 Academy Ave.
• Market: Middletown

The brokers involved in this transaction were Yaakov Zar, Ethan Freilich, Matt Rubin, and Andres Breuer from Lev Capital.