We Lend Refinances Multifamily Properties Across Bronx, Queens & Valley Stream With $2.5M Loan
We Lend Refinances Multifamily Properties Across Bronx, Queens & Valley Stream With $2.5M Loan
4,692 SF
Summary
A multifamily property in Bronx, Queens, and Valley Stream, with a total square footage of 1,564, was recently involved in a closed transaction. The property was refinanced and repositioned by the borrower with the assistance of We Lend, a lending agency.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $2,486,612
- Lender: We Lend - Ruben Izgel, Moses Suleymanov, Solomon Suleymanov, and Nathan Aronov
- Loan Type: Bridge & Refinance
- Date: 01/08/2024
We Lend played a pivotal role in the deal, offering support to the borrower with multiple properties across different markets. As a result, the borrower was able to successfully reposition, stabilize, and refinance these properties within a year. Notably, We Lend provided a fixed rate for a 30-year period, ensuring financial stability and predictability for the borrower. For more information, interested parties can contact We Lend directly at 212-777-7780 or [email protected].
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