Societe Generale Provides $15.7M Refinance Loan For 193-Unit Multifamily Property On Staten Island

The property involved in this transaction is a multifamily asset located at 610-650 Victory Boulevard, Staten Island, comprising 193 units. The transaction was structured as a refinance with a loan amount of $15,700,000, featuring a five-year loan term with interest only throughout the entire term.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $15,700,000
• Address: 610-650 Victory Boulevard
• Market: Staten Island
• Lender: Societe Generale
• Loan Officer: Ben Fishkind
• Broker: Chaim Tessler - Meridian Capital Group
• Units: 193
• Loan Type: Refinance
• Loan Terms: 5 year loan, full term interest only

Key players in this transaction include Ben Fishkind, who served as the loan officer from Societe Generale, and Chaim Tessler, who represented Meridian Capital Group as the broker in the deal.