RWN Real Estate borrows $18M from JPMorgan Chase Bank for property in Midtown West

RWN Real Estate Partners through the entity 157 W 18 Owner LLC as borrower signed a loan agreement with lender Jpmorgan Chase Bank, N.A. valued at $18.8 million for 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 18 residential units at 794 9th Avenue in Midtown West. The deal closed on February 17, 2021 and was recorded on March 5, 2021.
The property contains a total of 9,377 square feet of built space.
The average loan per unit is $1,044,972.

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