We Lend Provides $4M Refinance Loan For Midtown Manhattan Multifamily Townhouse Project

The property asset is a multifamily unit located in Turtle Bay, Manhattan, consisting of 4,377 square feet and two residential units. It has undergone a refinancing process to address the existing bridge loan nearing maturity.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $4,000,000
• Loan Type: Refinance
• Lender: Ruben Izgelov, Moses Suleymanov & Solomon Suleymanov - We Lend
• Borrower: Mid-construction townhouse in Midtown Manhattan

This transaction involved key individuals, including Ruben Izgelov, Moses Suleymanov, and Solomon Suleymanov from We Lend, who facilitated the refinancing while providing the borrower with the additional liquidity required to complete the project.