LMF Commercial Refinances Mixed-Use Property In Rittenhouse Square, PA For $2.7M
2015 Walnut Street
Mixed-use
6,750 SF
6,750 SF
Financed 1 year ago
Summary
Located in Rittenhouse Square, PA, the mixed-use property at 2015 Walnut St. has been involved in a recent loan transaction. The property spans an impressive 6,750 square feet, making it a desirable asset in the area.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $2,700,000
- Address: 2015 Walnut St.
- Market: Rittenhouse Square, PA
- Loan Type: Refinance
- Loan Terms: CMBS with a 10-year fixed rate and full term interest-only
The loan, valued at $2,700,000, was obtained from LMF Commercial, a subsidiary of Lennar Corporation, with Nihad Choudhury serving as the lender's representative. The refinance loan has CMBS terms, including a fixed rate for 10 years and full term interest-only payments.
In this transaction, the landlord is Conway Capital, represented by Abe Cohen. The broker involved in the deal is Robert Tobias, who represents RJT Capital Partners.
Players
All
3
Agents
1
Agencies
1
Lenders
1
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2015 Walnut Street
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