Bank Of Hope Provides $58.5M Loan For Multifamily Property In Astoria

The multifamily property located at 12-15 Broadway in Astoria has been involved in a recent real estate transaction. The property spans across a total area of 144,303 square feet and consists of 214 units. The transaction took place on 07/30/2021 and involved a loan from Bank of Hope.

Summary of transaction details:

• Property Type: Multifamily
• Loan Amount: $58,500,000
• Address: 12-15 Broadway
• Market: Astoria

David Lubianitsky is the landlord of the property. The loan amount provided by Bank of Hope was $58,500,000. The transaction signifies the involvement of various key individuals and companies, highlighting the collaboration between David Lubianitsky as the landlord and Bank of Hope as the lender.