Sheridan Capital Provides $22,500,000 Refinancing Loan For 54-Unit Multifamily In Bloomingburg

The asset involved in this transaction is a multifamily property consisting of 54 units, located within the Bloomingburg market. The loan amount for this property transaction is $22,500,000, with the type of loan being a refinance.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $22,500,000
• Lender: Sheridan Capital
• Lender's Representative: Ralph Gelley - Sheridan Capital
• Transaction Date: 3/30/2026

This transaction was facilitated by Ralph Gelley, who represents Sheridan Capital in this deal, highlighting the role of the lender's representative in securing financing for the property involved in the transaction.