Alma Realty Refinances Multifamily Properties In Washington Heights For $49M With Dime Community Bank

The property involved in this transaction is a multifamily asset located at 9 Thayer Street, 38 Sickles Street, and 90 Ellwood Street in Washington Heights. The property has a total square footage of 405,728. The transaction took place on 07/27/2022.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $49,000,000
• Market: Washington Heights
• Lender: Dime Community Bank
• Landlord: Alma Realty
• Loan Type: Refinance

Dime Community Bank provided a loan amount of $49,000,000 for the refinancing of the multifamily property at 9 Thayer Street, 38 Sickles Street, and 90 Ellwood Street. Alma Realty is the landlord involved in the transaction.