Dwight City Group Secures $10.5M Refinance Loan For Yonkers MultiFamily Property

The asset involved in this transaction is a multi-family property located at 615 Warburton Avenue, Yonkers, NY, comprising a total of 78 units. The loan amount secured for this property is $10,500,000, and the refinancing arrangement features a competitive mid-5% interest rate and a three-year term with extension options.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $10,500,000
• Address: 615 Warburton Avenue
• Market: Yonkers
• Lender: Jacob Nimmer & Nicole Carroll - Amalgamated Bank
• Landlord: Dwight City Group
• Brokers: Isaac Filler, Yossi Koschitzki, Michael Neumann & Moe Rosenblum - Filler Capital
• Loan Type: Refinance

This transaction was successfully executed with the contributions of several key individuals from Filler Capital LLC, including Moe Rosenblum, who originated the loan. Acknowledgments go to Jacob Nimmer and Nicole Carroll from Amalgamated Bank for their exceptional execution, along with the dedication of the Filler Capital team members—Isaac Filler, Yossi Koschitzki, Steve Edelstein, Shaya Hirtz, Jordan Gellman, and Michael Neumann.