Bong Ho Ha And Mi Kwang Ha Refinance Funeral Home Portfolio In Queens For $4.5M

The properties involved in this refinancing transaction are located at 162-14 Sanford Avenue, 42-16 163rd Street, and 42-10 163rd Street in the Murray Hill neighborhood of Queens. The total square footage of the assets is 6,414. The loan amount secured for this portfolio is $4,500,000 with Bank of Hope as the lender.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $4,500,000
• Lender: Bank of Hope
• Landlord: Bong Ho Ha & Mi Kwang Ha
• Loan Type: Refinance

Bong Ho Ha and Mi Kwang Ha executed this refinance to leverage their funeral home portfolio in Queens, enhancing their financial strategy while securing their properties with the loan from Bank of Hope.