Heatherwood Luxury Rentals Refinances 95-Unit Building With $33.2M Loan In Williamsburg | 544 Union Avenue | Walker & Dunlop | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

119,598 sqft

The 95-unit residential elevator building located at 544 Union Avenue in Williamsburg, Brooklyn has been involved in a refinancing deal amounting to $33,200,000. The landlord, Douglas S. Patrick of Heatherwood Luxury Rentals, secured this refinancing deal with Walker & Dunlop.

Summary of transation details:

Property Type: Multifamily
Transaction Amount: $33,200,000
Square Footage: 119,598
Address: 544 Union Avenue
Market: Williamsburg, Brooklyn
Units: 95
Lender: Walker & Dunlop
Landlord: Douglas S. Patrick - Heatherwood Luxury Rentals
Loan Type: Refinance

The entity 544 Union DE LLC represented Heatherwood Luxury Rentals in securing the $33.2 million refinancing deal with Walker & Dunlop for the residential building at 544 Union Avenue in Williamsburg, Brooklyn.

Players

All
1

Lenders
1

Walker & Dunlop

Details

Deal Summary

FINANCED

IMAGE: Douglas S. Patrick DATE: 04/26/2024 ADDRESS: 544 Union Avenue MARKET: Williamsburg, Brooklyn ASSET TYPE: Multifamily ~ SF: 119,598 ~ UNITS: 95 LENDER: Walker & Dunlop LANDLORD: Douglas S. Patrick - Heatherwood Luxury Rentals LOAN AMOUNT: $33,200,000 LOAN TYPE: Refinance NOTE: Heatherwood Luxury Rentals, represented by the entity 544 Union DE LLC, secures a $33.2 million refinancing deal with Walker & Dunlop for the 95-unit residential elevator building located at 544 Union Avenue in Williamsburg, Brooklyn.

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Address544 Union Avenue

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