Skip Navigation

Refinancing Coop's Underlying Mortgage

Started by multicityresident
11 months ago
Posts: 2354
Member since: Jan 2009
Discussion about
I feel like a few months ago one of the regular posters said their building's underlying mortgage was coming up for re-financing. I am starting a thread here where I hope people will post statistics on the terms their coops are getting these days to the extent anyone is interested. I will do that when our building's comes up for renewal in 2028. To the extent anyone participates, please share fees to Managing Agent and Coop attorneys as part of the discussion of the overall "deal." I am hoping to give buyers (and frankly owners) more transparency on the pros and cons of these mortgages.

Add Your Comment