Watson Ave Apartments
$2,150,000 Multifamily Loan from Life Insurance Company
City: The Bronx, NY
Loan amount: $2,150,000
Lender type: Life Insurance Company
Property type: Multifamily
Size: 9 Units
Transaction description
Matthew Farzinpour of PSRS arranged the $2.15 million refinance of a nine-unit multifamily property in The Bronx, New York. Sourced through one of PSRS’s correspondent life insurance companies, the transaction provided the client with a 61% LTV loan featuring a three-year term paired with a 30-year amortization schedule.
TRANSACTION ADVISORS
Matthew Farzinpour
Vice President
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