Chestnut Holdings obtained financing of $7M from JPMorgan Chase Bank

Chestnut Holdings through the entity 3341 LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank N.A. valued at $6.7 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 55 residential units at 3345 Reservoir Oval West in Riverdale. The deal closed on August 27, 2019 and was recorded on September 05, 2019.
The property contains a total of 77,700 square feet of built space.
The average loan per unit is $120,909.

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