Josh Biegel & Sandy Weiss Landlord Secure $38.75M Refinance Loan From HPS Investment Partners

The property asset involved in this transaction is a multifamily building located at 26 Brook Street in Jersey City. The building comprises 80 units and has a total square footage of 150,000. The loan amount for the refinancing is $38,750,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $38,750,000
• Address: 26 Brook Street
• Market: Jersey City
• Units: 80
• Square Feet: 150,000
• Lender: HPS Investment Partners
• Landlord: Josh Biegel & Sandy Weiss - Manhattan Building Company
• Brokers: Drew Fletcher, Ryan Cohen, Bryan Grover & Jesse Kopecky - Greystone
• Loan Type: Refinance

The transaction involves key individuals and companies, including lenders and brokers representing various stakeholders. HPS Investment Partners provided the financing, while the landlords are Josh Biegel and Sandy Weiss of Manhattan Building Company. The brokerage team working on this deal consists of Drew Fletcher, Ryan Cohen, Bryan Grover, and Jesse Kopecky from Greystone.