Derby Copeland Capital Provides $4.9M Acquisition Loan For Condo At 220 Union Street

The asset involved in this transaction is a condo located at 220 Union Street in Carroll Gardens, Brooklyn. The transaction was facilitated through an acquisition loan of $4,900,000. The specific asset type is a condo, which is part of the vibrant Carroll Gardens market in Brooklyn.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $4,900,000
• Lender: Derby Copeland Capital
• Landlord: Minerva Properties Group
• Brokers: Louis Halperin, Morris Betesh & Michael Tsyngauz - Arrow Real Estate Advisors
• Loan Type: Acquisition
• Date: 2/27/2026

The deal is represented by brokers Louis Halperin, Morris Betesh, and Michael Tsyngauz from Arrow Real Estate Advisors. Derby Copeland Capital is a New York City-based private equity firm focused on opportunistic real estate-related debt financing and equity investments. The lender emphasizes that past performance is not indicative of future returns and investing carries risk, including the possible loss of principal capital.