Fannie Mae Provides $72M Acquisition Loan For New York Multifamily Property With Newmark Brokers

A $72,000,000 loan was provided to fund the acquisition of a multifamily property in New York. The loan was secured from Fannie Mae, a well-known lender in the real estate industry.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $72,000,000
• Lender: Fannie Mae
• Brokers: Ricky Warner, Henry Stimler, William Weber & Daniel Sarsfield - Newmark

The loan was facilitated by a team of brokers from Newmark, including Ricky Warner, Henry Stimler, William Weber, and Daniel Sarsfield. The involvement of these experienced professionals contributed to the successful completion of the acquisition.