Chestnut Holdings obtained financing of $6M from JPMorgan Chase Bank

Chestnut Holdings through the entity Convent 1 LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank N.A. valued at $5.6 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 37 residential units at 310 Convent Avenue in Hamilton Heights. The deal closed on August 26, 2019 and was recorded on September 05, 2019.
The property contains a total of 55,176 square feet of built space.
The average loan per unit is $150,811.

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Direct link to the city’s interactive property map, ZOLA. link

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