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Societe Generale Provides $31M Refinance Loan For Multifamily Property On Park Ave, Murray Hill

15-17 Park Avenue
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This MultiFamily property located in NY received a loan of $31,000,000 over 2 years ago. The broker of the deal was Chaim Tessler

Ben Fishkind and Chaim Tessler were involved in a loan transaction for a multifamily property located at 15-17 Park Avenue in Murray Hill. The loan was provided by Societe Generale, with Ben Fishkind representing the lender. Chaim Tessler, from Meridian Capital Group, acted as the broker in the deal.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $31,000,000

The loan terms for this transaction include a 10-Year Term with Full-Term IO. The loan was obtained for the purpose of refinancing the property.

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Deals
  • Location
    15-17 Park Avenue, New York, NY, USA15-17 Park Avenue, New York, NY, USA
  • Loan Value
    $31,000,000$31,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    1 Broker, 1 Agency, 1 Lender1 Broker, 1 Agency, 1 Lender

Agent

Chaim Tessler

Chaim Tessler

Deals5
Financed$339.9M

Agency

Meridian Capital Group

Meridian Capital Group

Agency
Deals2403
Volume$65.9B

Societe Generale

Societe Generale

Lender
Deals14
Volume$ 97B

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Deal Summary

LOAN IMAGE: Ben Fishkind & Chaim Tessler DATE: 08/16/2021 ADDRESS: 15-17 Park Avenue MARKET: Murray Hill ASSET TYPE: Multifamily LENDER: Societe Generale - Ben Fishkind BROKER: Chaim Tessler @Meridian.Capital.Group LOAN AMOUNT: $31,000,000 LOAN TERMS: 10-Year Term. Full-Term IO LOAN TYPE: Refinance

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15-17 Park Avenue

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