REBusinessOnline

CBRE ARRANGES $3.2 MILLION MULTIFAMILY REFINANCING IN THE BRONX

NEW YORK CITY — CB Richard Ellis (CBRE) Capital Markets has arranged a $3.2 million loan for the refinancing of a Bronx apartment building. The six-story, pre-war building contains 48 units, all of which are leased. The loan carries a 5-year term with 1 year interest only, followed by a 30-year amortization schedule. It carries a 5.87 percent interest rate. CBRE’s Max Herzog and Michael Diaz secured the loan. The borrower and lender were undisclosed.

Content Partners
‣ Arbor Realty Trust
‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

Subscribe to the newsletter
Conferences


Webinars on Demand


Read the Digital Editions

Northeast Multifamily & Affordable Housing Business

Midwest Multifamily & Affordable Housing Business

Western Multifamily & Affordable Housing Business

Texas Multifamily & Affordable Housing Business

Southeast Multifamily & Affordable Housing Business

Heartland Real Estate Business

Northeast Real Estate Business

Southeast Real Estate Business

Texas Real Estate Business

Western Real Estate Business

Shopping Center Business

California Centers

Student Housing Business

Seniors Housing Business

Featured Properties