Delshah Capital Secures $18M Refinance Loan For Retail Condo At 761 7th Avenue

The property involved in this transaction is a retail condo located at 761 7th Avenue, Midtown West, Manhattan, consisting of 24,995 square feet. The refinancing agreement was secured at a loan price of $720 per square foot, amounting to an $18 million loan.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $18,000,000
• Loan Type: Refinance
• Lender: P. Alex Livingston III & Philip Russ - Longline Holdings
• Landlord: Michael Shah - Delshah Capital

P. Alex Livingston III and Philip Russ, representing Longline Holdings, were involved as lenders in this deal. The refinancing was orchestrated by Delshah Capital, with Michael Shah as the landlord, underscoring the key players in this financial agreement.