Kew Management Corp. Refinances Ridgewood Multifamily For $7.5M | 125-161 South Maple Avenue | Jacob Kaufman, Allan Lieberman, Asher Haft | MultiFamily | Loan

Summary

Loan

NEW JERSEY

MultiFamily

A $7,500,000 loan has been obtained for the refinance of a multifamily property located at 125-161 S. Maple Avenue in Ridgewood, NJ. The property consists of 54 units and is owned by Kew Management Corp.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $7,500,000
Loan Type: Refinance
Loan Term: 7+3 years Interest Only
Interest Rate: 2.72%

The loan was secured from a local bank lender. The deal was facilitated by brokers Allan Lieberman, Asher Haft, and Jacob Kaufman from Meridian Capital Group.

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Details

Deal Summary

FINANCED

IMAGE: Asher Haft, Allan Lieberman & Jacob Kaufman DATE: 10/19/2021 ADDRESS: 125-161 S. Maple Avenue MARKET: Ridgewood, NJ ASSET TYPE: Multifamily ~ UNITS: 54 LANDLORD: Kew Management Corp. BROKERS: Allan Lieberman (@allanlieb), Asher Haft & Jacob Kaufman - Meridian Capital Group LOAN AMOUNT: $7,500,000 LOAN TYPE: Refinance LOAN TERM: 7+3 years Interest Only, and rate of 2.72%, local bank lender

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Address125-161 South Maple Avenue

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