Bogopa Enterprises Refinances $90M Loan With KeyBank For 1100 Myrtle Avenue Condo Units

The property asset involved in the context is a commercial condo located at 1100 Myrtle Avenue, Bedford Stuyvesant, Brooklyn. The asset consists of three commercial condo units within a 233-unit mixed-use building, covering a total square footage of 303,144. The property has undergone refinancing for a loan amount of $90,000,000 through KeyBank.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $90,000,000
• Lender: KeyBank
• Landlord: Francis An - Bogopa Enterprises
• Loan Type: Refinance
• Address: 1100 Myrtle Avenue
• Market: Bedford Stuyvesant, Brooklyn

The deal involved Bogopa Enterprises, led by landlord Francis An, who facilitated the refinancing of the property through KeyBank. This transaction represents a strategic financial move for the ownership of the mixed-use building, allowing them to leverage the asset in a competitive market.