Rivkin Radler Real Estate Group closes major refinance and acquisition deals

On February 29, 2024, Yaron Kornblum of Rivkin Radler closed a $30.25 million refinance by Freddie Mac for a 148-unit multifamily building known as 430-440 East 138^th Street, Bronx, New York.

In a second recent matter, on December 7, 2023, Yaron Kornblum and Marie Landsman, both partners in Rivkin Radler’s Real Estate Practice Group, closed on the $5.2 million acquisition and finance of a 650-acre property located in Sullivan County, New York. The project was a lengthy process beginning in September of 2022, which included the construction of a luxury mansion (requiring the issuance of a new Certificate of Occupancy), resolution of title issues, and financing by JPMorgan Chase Bank.

Finally, on November 29, 2023, Yaron Kornblum closed a $43.3 million refinance for a 330-unit multifamily building known as 5900 Park Hamilton Boulevard in Orlando, Florida.