$2,600,000 Refinance of a Multifamily Property in The Bronx, New York.
FINANCED Marmion Apartments
Lender:Life Insurance Company City:The Bronx, New York Size:10 Units Term:Three-year term; 30-year amortization
Matthew Farzinpour of PSRS arranged the $2.6 million refinance of a multifamily property in The Bronx, New York. The property underwent a complete renovation in 2024 and consists of 10 units. Financed with one of our correspondent life insurance companies, PSRS provided its borrower with a three-year term and 30-year amortization, with nine three-year extension options.
$1,500,000 Refinance of an Industrial Park in Lexington, Kentucky.
FINANCED Horton Court Industrial Park
Lender:Life Insurance Company City:Lexington, Kentucky Size:130,700 SF Term:15-year term; 15-year amortization
Trevan Swierczewski, Pasha Johnson, Lindsey Nicholl, and Daniel De Leon of PSRS arranged the $1.5 million refinance of an industrial park in Lexington, Kentucky. The subject property is comprised of four contiguous parcels containing five buildings totaling 130,700 rentable square feet. Financed with one of our correspondent life insurance companies, PSRS provided its borrower with a non-recourse loan, with a 15-year term and 15-year amortization.
About PSRS Founded in 1972, PSRS is a commercial mortgage banking firm that helps real estate investors of all sizes structure and secure financing solutions that align with their investment goals.
