Brooklyn, NY Joe Hach, partner at Refined, has successfully arranged a senior participation of $8.4 million.
Some key highlights of this deal:
This transaction underscores Refined's commitment to ensuring the best for our partners and clients. Hach's ability to think outside the box and determination to see deals through, allows both he and the firm to frequently execute creative solutions.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,