BEB Capital Acquires Multifamily Property In New York City With Financing From Signature

Recently, a multifamily property located at 238 East 106 Street in New York, NY has been acquired through an $8,460,000 acquisition financing deal. The property, which was sponsored by Lee Brodsky of BEB Capital, attracted the attention of Signature's Joseph J. DePaolo, who provided the financing for the transaction. The brokerage services were handled by Bryan Kallenberg from Meridian Capital Group.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $8,460,000
• Sponsor: Lee Brodsky – BEB Capital
• Lender: Signature – Joseph J. DePaolo
• Broker: Bryan Kallenberg – Meridian Capital Group

It is noteworthy to mention that Joseph J. DePaolo from Signature played a crucial role in providing the acquisition financing for this multifamily property. Additionally, Bryan Kallenberg of Meridian Capital Group represented the parties involved in the deal, facilitating the smooth transaction process.