BROOKLYN & HEMPSTEAD

Property Type: Multi-family​

Case Study: $20,000,000 Mezzanine Loan

One of the largest real estate and management firms in NYC was seeking to refinance and rapidly expand their portfolio within Ohio and NY.

We were able to provide them with a $20,000,000 short term loan secured against their mutli-family assets.

Brooklyn Hempstead Deal Hero Picture

Borrower Credential

The borrower owns one of the largest Real Estate Owner and Management firms headquartered in NYC with approximately 20,000 residential/ commercial units located primarily in New York, New Jersey, Florida, Arizona and Texas with additional properties nationwide.

The borrower has closed millions of dollars of deals annually, focusing on off-market properties, real estate notes, and foreclosures. In addition, he has also invested in other companies in all aspects of the real estate industry as well as mantaining a portfolio including ownership and investments in other industries such as Solar Energy, Supermarkets, Technology, Medical, Hotels and Tourist Attractions

REAL ESTATE PROFILE

Location: Brooklyn & Hempstead, NY

Property Type: Multi-Family

Gross Square Footage: 289,988 SqFt

TRANSACTION KEY TERMS

Closing Date: August 2017

Loan Type: Refinance

Loan Amount: $20,000,000

Term: 6 Months with Two 3-month Extension Options

OTHER TRANSACTIONS

Read about our other previous transactions

NOW LET’S GET STARTED