Bhatia nab $92M refi for
New School dorm Wells Fargo provided the financing for East Village property
318 East 15th Street
A dormitory at the New School just scored a roughly $92 million loan from Wells Fargo.
Bhatia Development Organization and Sherwood Equities received the 10-year loan to refinance the property at 318 East 15th Street, Located Across From Stuyvesant Park Near Second Avenue, Commercial Observer reported.
The interest-only, fixed-rate loan includes a new gap mortgage of roughly $5 million and replaces a $94 million Wells Fargo loan made in 2014, according to public records spotte上海贵族宝贝