Santander Bank Provides $7.65M Refinance Loan For Multifamily Property In Williamsburg, Brooklyn
Meridian Capital Group brokers loan for $7,650,000 in Williamsburg
MultiFamily
Financed 1 year ago
Summary
A multifamily property in Williamsburg, Brooklyn has recently undergone a refinance transaction. The property is located in a desirable market and offers a variety of residential units. The loan was provided by Santander Bank for an amount of $7,650,000. The terms of the loan include a 5-year term with an interest rate of 5.28%, with the first year being interest-only.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $7,650,000
- Market: Williamsburg, Brooklyn
The brokers representing the transaction were Morris Diamant and David Liechtung from Meridian Capital Group. They played a crucial role in facilitating the deal and ensuring its successful completion.
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Meridian Capital Group brokers loan for $7,650,000 in Williamsburg
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