Thursday, 24 January 2019

Isaac Kassirer refis part of Dawnay Day portfolio with $189M Freddie Mac loan

Isaac Kassirer’s Emerald Equity Group refinanced a portion of its huge Dawnay Day multifamily portfolio in East Harlem with a $189 million loan from Freddie Mac – the largest deal yet in the agency’s small loan program. California-based multifamily lender Sabal Capital Partners originated the loan covering the group of 47 buildings, Sabal announced Wednesday. The deal comprises 39 small-balance loans and covers 880 apartment units, which Sabal in a statement called “the largest portfolio […]



source https://therealdeal.com/2019/01/24/isaac-kassirer-refis-part-of-dawnay-day-portfolio-with-189m-freddie-mac-loan/

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