JP Morgan Chase Provides $5.5 Million Refinance For Multifamily Asset In Larchmont

The asset involved in this transaction is a multifamily property located at 76 Wendt Avenue in Larchmont. The property encompasses 28,846 square feet and comprises 27 units. The loan amount secured for this property is $5,500,000, with the loan structured as a refinance.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $5,500,000
• Address: 76 Wendt Avenue
• Market: Larchmont
• Asset Size: 28,846 SF
• Units: 27
• Lender: JP Morgan Chase
• Broker: Mindy Bergman - Meridian Capital Group
• Loan Type: Refinance

The representatives involved in this transaction include Mindy Bergman from Meridian Capital Group, who played a crucial role in facilitating the loan. A note from the broker reiterates the commitment to client success, highlighting the efficacy of Meridian in navigating complex challenges toward seamless closings.