Palladium Management Secures $4.75M CMBS Loan For Multifamily Property In New Rochelle | 260 Centre Avenue | Andrew Cohen, Max Herzog, Marko Kazanjian | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

790 sqft

The multifamily property located at 260 Centre Avenue in New Rochelle has recently undergone a closed transaction. The deal involved a loan of $4,750,000, secured through a 10-year CMBS loan.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $4,750,000
Address: 260 Centre Avenue, New Rochelle
Lender: Michael Deford from LMF
Landlord: David Roth from Palladium Management
Brokers: Max Herzog, Marko Kazanjian, and Andrew Cohen from Jones Lange LaSalle

The loan was facilitated by Michael Deford, representing LMF. The landlord of the property is David Roth, associated with Palladium Management. The deal was brokered by Max Herzog, Marko Kazanjian, and Andrew Cohen from Jones Lange LaSalle.

Players

All
4

Agents
3
Agencies
1

Andrew Cohen

Associate

$44.8M Sold

Max Herzog

Senior Managing Director

$288.5M Sold

Marko Kazanjian

Senior Director

$157.4M Sold

JLL

Details

Deal Summary

FINANCED

IMAGE: Max Herzog, Marko Kazanjian, Andrew Cohen & David Roth DATE: 03/15/2021 ADDRESS: 260 Centre Avenue MARKET: New Rochelle ASSET TYPE: Multifamily LENDER: Michael Deford - LMF LANDLORD: David Roth @PalladiumManagement - Palladium Management BROKERS: Max Herzog, Marko Kazanjian @MarkoKaz & Andrew Cohen @The_Andrew_Cohen - Jones Lange LaSalle LOAN AMOUNT: $4,750,000 LOAN TERMS: 10 Year - CMBS Loan

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Address260 Centre Avenue

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