Bandazian, Epstein and Simensky Help Client Secure $10.5M in Construction Loans

Khoren Bandazian, Harvey Epstein and Sean Simensky assisted multifamily developer RealFi Real Estate Investment Trust (RealFi REIT) in closing four construction loans totaling $10.54 million.

The loan is secured by four  properties in Paterson, NJ, that are being redeveloped into a total of 82 residential units, 55 parking spaces and one retail space. RealFi REIT’s loan will be used to fund the necessary capital improvements to complete the buildings.