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Maverick Real Estate Partners Secures $20 Million Refinance Loan From Chase Bank For 85-Unit Multifamily Asset

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FINANCED
$20,000,000

New York

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MultiFamily
Financed 03/27/2026
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Property Image
FINANCED

Maverick Real Estate Partners Secures $20 Million Refinance Loan From Chase Bank For 85-Unit Multifamily Asset

208 East 25th Street

See Similar Deals
MultiFamily
Financed 03/27/2026
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Summary

NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan

The asset involved in the transaction is a multifamily property located at 208 East 25th Street in the Kips Bay neighborhood of Manhattan. It comprises 85 units and is associated with a refinance loan amount of $20,000,000. The lender for this transaction is Chase Bank.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $20,000,000
  • Address: 208 East 25th Street
  • Market: Kips Bay, Manhattan
  • Lender: Chase Bank
  • Landlord: Maverick Real Estate Partners
  • Landlord's Representative: Max Ralby & Capri Van Gilder - Newmark
  • Loan Type: Refinance

Key individuals involved in the deal include Max Ralby and Capri Van Gilder, who represent Maverick Real Estate Partners in this transaction through their association with Newmark. Their roles highlight the professional representation in securing the refinance deal with Chase Bank.

Players

Max Ralby
74 deals$3.8B volume
BROKER

Capri Van Gilder
Newmark
5 deals$1B volume
BROKER

Chase Bank
LENDER

Details

FINANCED
IMAGE: Max Ralby & Capri Van Gilder DATE: 3/27/2026 ADDRESS: 208 East 25th Street MARKET: Kips Bay, Manhattan ASSET TYPE: Multifamily ~ UNITS: 85 LENDER: Chase Bank LANDLORD: Maverick Real Estate Partners LANDLORD'S REP: Max Ralby (@MaxRalby) & Capri Van Gilder (@CapriVanGilder) - Newmark (@Newmark) LOAN AMOUNT: $20,000,000 LOAN TYPE: Refinance

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$20,000,000.00

Monthly NOI$133,333.33
Monthly Debt Service$126,413.60
Change in Cash Flow$0.00
Refinance Proceeds$0.00