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Valley National Bank Provides $30M Value-Add Refi for Park Towers in Miami

Moshe Popack’s YMP Real Estate Management has secured $30 million to refinance Park Towers, a 210-unit multifamily complex in Miami, Commercial Observer can first report.  Valley National Bank provide

Summary

Moshe Popack’s YMP Real Estate Management has secured $30 million to refinance Park Towers, a 210-unit multifamily complex in Miami, Commercial Observer can first report.

Valley National Bank provided the loan, structured at a fixed-rate of 6.

09 percent, while Meridian Capital Group’s David Hayum and Michael Farkovits arranged the transaction. Meridian’s Hyum noted in a […]

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