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Glacier and Meadow nab $45M condo inventory loan – Robert Khodadadian

Glacier Equities and Meadow Partners landed some short-term relief for their slow-moving Upper West Side condo building. The partners snagged a $45 million inventory loan from Northwind Group for its 226-unit building at 175 West 95th Street. The loan is for up to three years, according to Ran Eliasaf, founder of Northwind Group. The loan is secured by 120 units, all the rest have been sold. A condo inventory loan generally acts as a bridge

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Commercial Real Estate, Home Page, meadow partners, upper west side The Real Deal New York Read More

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