FINANCED
Lev Facilitates $3M Refinance Loan On Providence Multifamily Property On Ives St
91 Ives Street
MultiFamily
64,606 SF
64,606 SF
Financed 1 year ago
Summary
Loan
RHODE ISLAND
MultiFamily
64,606 sqft
Located at 91 Ives St in Providence, RI, this multifamily property spans over 64,606 square feet. The transaction involved a refinancing loan amount of $3,000,000 at a 75% loan-to-value ratio. The loan terms include a 10-year term, 30-year amortization, and a fixed interest rate of 5.14%. The loan is full-recourse.
Summary of transaction details
- Property Type: Multifamily
- Transaction Amount: $3,000,000
- Loan Type: Refinance
- Loan Terms: $3,000,000, 75% LTV, 10-year Term, 30-year Amortization, 5.14% Fixed, Full-recourse
The deal was facilitated by brokers Yaakov Zar, Ben White, Richard Sutton, Don Pavlov, and Carly Rubin from Lev. They played a crucial role in the transaction and represented the parties involved.
Players
All
6
Agents
5
Agencies
1
Details
FINANCED
IMAGE: Ben White, Richard Sutton & Yaakov Zar
DATE: 09/06/2022
ADDRESS: 91 Ives St
MARKET: Providence, RI
ASSET TYPE: Multifamily ~ SF: 64,606
BROKERS: Yaakov Zar (@Yjzar), Ben White, Richard Sutton (@Rich_Sutt), Don Pavlov & Carly Rubin - Lev
LOAN AMOUNT: $3,000,000
LOAN TYPE: Refinance
LOAN TERMS: $3,000,000, 75% LTV, 10-year Term, 30 year Amortization, 5.14% Fixed, Full-recourseView on map
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Address91 Ives Street
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