MF1 Capital Refis Harlem Multifamily Property With $69M Loan
Certes Partners and The Hakimian Organization secured a $68.5 million debt package to refinance a multifamily asset in East Harlem.
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Certes Partners and The Hakimian Organization secured a $68.5 million debt package to refinance a multifamily asset in East Harlem.
Cushman & Wakefield announced today that the real estate services firm served as the exclusive advisor to affiliates of Certes Partners, the Hakimian Organization and Red Pine Capital Partners in arranging $59,400,000 for the construction financing of The Enclave, a 113-unit multifamily project in Harlem. The floating-rate financing was provided by affiliates of SCALE Lending. A Cushman & Wakefield Equity, Debt & Structured Finance team of John Alascio, Sri Vankayala, Alex Lapidus and Meredith Donovan represented the borrower. The Enclave is a Class A, transit-oriented, residential developme...
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