Judah Hammer & Zev Karpel Of Meridian Capital Group Arrange $135M Loan For 24-Story Luxury Apartment Building In New Rochelle | 1 Sherwood Place | Zev Karpel, Josh Stein, Judah Hammer, Steve Simonelli, Andrew Scandalios, Jose Cruz, Michael "Mike" Oliver | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

367,621 sqft

A $135,000,000 loan was secured for a multifamily property located at 1 Sherwood Place in New Rochelle. The property is a 24-story high-rise luxury apartment building with 408 units. Additionally, the property has a 422 space parking structure.

Summary of Transaction Details

Property Type: Multifamily
Transaction Amount: $135,000,000
Property Address: 1 Sherwood Place
Market: New Rochelle
Number of Units: 408

Judah Hammer and Zev Karpel of Meridian Capital Group represented the transaction as brokers. They played a key role in securing the loan for the purchase of the property.

Players

All
9

Agents
7
Agencies
2

$68.1M Sold

$851.4M Sold

$10.3M Sold

$2.9B Sold

Senior Managing Director, New York Co-Office Head

$6.8B Sold

Jose Cruz

Senior Managing Director

$5.6B Sold

Michael "Mike" Oliver

Managing Director

$2.1B Sold

JLL

Meridian Capital Group

Details

Deal Summary

FINANCED

IMAGE: Joe Fingerman (@JFingerman), Judah Hammer, Zev Karpel & Chris Pennino DATE: 08/25/2022 ADDRESS: 1 Sherwood Place MARKET: New Rochelle ASSET TYPE: Multifamily ~ UNITS: 408 BROKERS: Judah Hammer (@JudahHammer) & Zev Karpel - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $135,000,000 LOAN TYPE: Purchase LOAN TERMS: 408 unit 24 story high rise Luxury Apartment building + 422 space parking structure

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Address1 Sherwood Place

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