Tim Downey Secures $145M Refinance Loan For 255-Unit Multifamily At 1620 Sansom Street
Pennsylvania
See Similar DealsTim Downey Secures $145M Refinance Loan For 255-Unit Multifamily At 1620 Sansom Street
1620 Sansom Street
See Similar DealsSummary
The asset involved in this transaction is a multifamily property consisting of 255 units located at 1620 Sansom Street in Philadelphia, PA. The loan amount secured for this property is $145,000,000, and it is classified as a refinance transaction.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $145,000,000
- Lender: Len O'Donnell
- Landlord: Tim Downey
- Landlord's Representative: Jordan Roeschlaub, Nick Scribani, Christopher Kramer & Samuel Speciale - Newmark
- Market: Philadelphia, PA
- Units: 255
- Loan Type: Refinance
This transaction highlights the involvement of key representatives in the deal. Len O'Donnell serves as the lender while Tim Downey is the landlord. The landlord is represented by a team of professionals from Newmark, including Jordan Roeschlaub, Nick Scribani, Christopher Kramer, and Samuel Speciale.
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