Seattle-based Fairview buys $3.1M note on Astoria rental

Fairview Partners Investment Management through the entity Fairview Loans Iv acquired a note originally given by Flavio Sportelli to Sterling National Bank as original lender and with a maximum principal of $3.1 million secured by 1 parcel, including the tax class multifamily, more than six families with stores (C7) and containing 40 residential units at 25-12 Steinway Street in Astoria. The deal closed on December 17, 2020 and was recorded on January 14, 2021.
The property contains a total of 30,132 square feet of built space.

Fairview is based in Seattle.
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