Maddd Equities & Eli Weiss Refinances Fort George Mixed-Use Property For $20.4M With Freddie Mac Loan

4469 Broadway

Mixed-use

84,736 SF

Financed 1 year ago

Summary

Loan

NEW YORK

Mixed-use

84,736 sqft

A mixed-use property located at 4469 Broadway in Fort George has been refinanced for a loan amount of $20,400,000. The property is owned by Jorge Madruga of Maddd Equities & Eli Weiss and the lender for this transaction is Freddie Mac.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $20,400,000
Address: 4469 Broadway
Market: Fort George

Brad Domenico of Progress Capital served as the broker for this deal. The loan has a 12-year fixed full term interest-only repayment structure.

Players

All
3

Agents
1
Agencies
1
Lenders
1

Brad Domenico

Partner

$735.9M Sold

Details

Deal Summary

FINANCED

IMAGE: Brad Domenico (@domenico317) and Jorge Madruga DATE: 03/30/2019 LOAN TYPE: Refinance ADDRESS: 4469 Broadway MARKET: Fort George ASSET TYPE: Mixed-use LOAN AMOUNT: $20,400,000 LANDLORD: Jorge Madruga - Maddd Equities & Eli Weiss (@EweissNYC) LENDER: Freddie Mac BROKER: Brad Domenico, @progress.capital NOTE: 12yrs Fixed Full Term IO

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Address4469 Broadway

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