Katz and Silbersher of Deerwood close $52 million
February 27, 2012 - Finance
Deerwood Real Estate Capital, a commercial mortgage brokerage and advisory firm, closed on a $52 million loan for a 110-unit Midtown apartment building. The loan provided the borrower with a five-year term at an incredible interest rate. The loan was structured with "interest-only" payments during the entire term of the loan, which allowed the borrower to maximize their returns. This refinance needed a good interest rate with a very complicated structure and Deerwood was able to get the borrower the best deal on the market and close the loan in under 30 days. The deal was arranged by Abe Katz and Mark Silbersher.
Deerwood Real Estate Capital is a commercial mortgage brokerage specializing in assisting clients in sourcing debt and equity. Focusing on all commercial real estate asset classes including multifamily, office, retail, industrial, hospitality, and healthcare, the firm stands apart from others in the industry through its commitment to customizing solutions and serving not just as brokers, but as advisors. The partners of Deerwood have a combined track record of successfully closing more than $25 billion in deals. Learn more at http://www.deerwoodcap.com.