Meridian Capital Group

First Republic Bank Refis Manhattan’s Flatiron House With $98M Loan

July 08, 2022

Developer Anbau has secured $98 million to refinance Flatiron House, a residential condominium in New York, Commercial Observer has learned. First Republic Bank provided the loan.

Meridian Capital Group arranged the fixed-rate, full-term, interest-only loan, which was negotiated by Adam Hakim, James Murad and Andrew Iadeluca. 

Located at 39 West 23rd Street, Flatiron House consists of two towers totaling 44 half-floor and full-floor residences. Flatiron House offers a host of amenities, including a central courtyard garden that connects the two towers, a resident lounge, a game room with billiards, a film screen, a dining area for entertaining, and a fitness center. 

“Flatiron House is a stunning newly developed property from the talents at Anbau,” said Hakim in a statement. “This COOKFOX-designed property successfully provides a tranquil home oasis in the center of the Flatiron District, one of the buzziest and most convenient central neighborhoods in all of Manhattan. First Republic Bank provided an exceptionally low-cost refinancing to our client and worked seamlessly to close in a timely fashion to meet all required deadlines.”

Featuring:
James Murad
Managing Director
Origination
(212)612-0291
[email protected]
Adam Hakim
Senior Managing Director
Origination
(212)612-0125
[email protected]
Read Article
Recent Articles | Back to News

CoreVest Provides $65M Acquisition Loan on Houston Multifamily Properties Buy

Article
July 8, 2022

Signature Bank Provides $210M in Acquisition Financing for HGI’s Avalon Green Buy

Article
July 8, 2022

Rose Valley Lands $70M for Baltimore-Area Acquisition

Article
July 8, 2022

Natixis Lends $70M on Maryland Multifamily Purchase

Article
July 8, 2022

Frederick multifamily property sold for $70M

Article
July 8, 2022

ConnectCRE's Top Mortgage Brokers & Lenders 2022 Awards - Scott Miller

Article
July 8, 2022