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Meridian Capital Group brokers loan for $7,650,000 in Williamsburg
FINANCED

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
clock iconFinanced 1 year ago
Morris Diamant
David Liechtung
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Summary

Loan
NEW YORK
MultiFamily

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.

Players

  • All

    4

  • Agents

    2

  • Agencies

    1

  • Lenders

    1

Morris Diamant's profile picture
Morris Diamant
Meridian Capital Group-image
Senior Managing Director
$15.5M Sold
David Liechtung's profile picture

Details

Deal Summary
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FINANCED
IMAGE: Morris Diamant & David Liechtung DATE: 04/04/2023 MARKET: Williamsburg, Brooklyn ASSET TYPE: Multifamily LENDER: Santander Bank (@SantanderBankUS) BROKERS: Morris Diamant & David Liechtung - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $7,650,000 LOAN TYPE: Refinance LOAN TERMS: 5-Year Term, 5.28% with 1-Year Interest Only

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AddressMeridian Capital Group brokers loan for $7,650,000 in Williamsburg

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