Delshah Capital Secures $130M First Mortgage Bridge Loan For Morningside Heights Multifamily | 30 Morningside Drive, Morningside Heights, NY | Square Mile Capital | James Murad, Adam Hakim | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

260,000 sqft

Delshah Capital, led by Michael Shah, refinanced their property at 30 Morningside Drive in Morningside Heights, NY. The asset, a multifamily property, was financed by Square Mile Capital through a first mortgage bridge loan.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $130,000,000
Size: 205,000 rentable sf
Address: 30 Morningside Drive, Morningside Heights, NY

The brokerage firm Eastern Consolidated, represented by Adam Hakim and James Murad, played a crucial role in facilitating the refinancing deal between Delshah Capital and Square Mile Capital.

Players

All
4

Agents
2
Agencies
1
Lenders
1

James Murad

Senior Vice President

Adam Hakim

Senior Managing Director

Details

Deal Summary

FINANCED

IMAGE: Square Mile Capital's ceo Craig Solomon, Adam Hakim and James Murad of Eastern Consolidated and Delshah Capital's Michael Shah DATE: 12/21/17 REFINANCE: First Mortgage Bridge Loan ADDRESS: 30 Morningside Drive, Morningside Heights, NY ASSET TYPE: Multifamily LANDLORD: Delshah Capital (Michael Shah) LENDER: Square Mile Capital BROKER: Eastern Consolidated - Adam Hakim and James Murad AMOUNT: $130,000,000 SIZE: 205,000 rentable sf

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Address30 Morningside Drive, Morningside Heights, NY

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