Sam Rubin Of Rubin Equities Secures $65 Million Refinance Loan From Goldman Sachs For Multifamily Building

The property asset involved in this transaction is a multifamily residential building located at 1351 Jerome Avenue in Mt Eden, Bronx. The building comprises 247 units and has a total square footage of 187,147. The transaction involved a loan amount of $65,000,000 for refinancing purposes.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $65,000,000
• Address: 1351 Jerome Avenue
• Market: Mt Eden, Bronx
• Lender: Goldman Sachs
• Landlord: Sam Rubin - Rubin Equities
• Previous Debt Amount: $51,000,000 with Popular Bank
• Loan Type: Refinance

This transaction features Sam Rubin representing Rubin Equities, facilitating the refinancing of the 247-unit residential building with Goldman Sachs, effectively replacing the previous debt held with Popular Bank.