Russell Nova & Mclean Gordon Acquire Multifamily Property In Staten Island For $12.2M With Lender Argentic And Landlord Ben Russi

The multifamily property located at 224 Richmond Terrace in Staten Island, St George, has recently undergone a closed transaction. The property, owned by Ben Russi, has attracted the attention of various parties involved in the deal.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $12,200,000
• Lender: Argentic
• Landlord: Ben Russi
• Brokers: Russell Nova – Principal, Mclean Gordon – Analyst @cornerstone_capital
• Loan Terms: 10 Year Interest Only

Russell Nova, representing Cornerstone Capital as a Principal, and Mclean Gordon, an Analyst at the same firm, were instrumental in facilitating this transaction. With a long-term commitment to this property, the sponsors have displayed their confidence and vision for its future success.