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

Chestnut Holdings through the entity 3165 LLC as borrower signed a loan agreement with lender JPMorgan Chase Bank, N.A valued at $7.2 million for 1 parcel, including the tax class multifamily, semi-fireproof (without stores) (D1) and containing 61 residential units at 3165 Decatur Avenue in Riverdale. The deal closed on August 27, 2019 and was recorded on September 05, 2019.
The property contains a total of 78,300 square feet of built space.
The average loan per unit is $117,213.

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

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