$9,000,000 over $34,000,000 Mezzanine Financing for 127 West 25th St

Joe Berko and Emily Lau of Berko & Associates, have obtained Mezzanine Financing for the recently reconstructed office building located in Chelsea at 127 West 25th Street. Amid sluggish transactions and stringent guidelines by the banking industry, the duo was able to put the pieces together and obtain $9 million. Lau stated that “This was a unique and complex mezzanine deal; we worked diligently and cohesively with all parties involved and were able to provide our client what they needed”