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Derby Copeland Capital Provides $5,150,000 Construction Loan For Brooklyn Condo By Adriel Bolour & Roy Moussaieff

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FINANCED
$5,150,000

New York

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Condo
Financed 03/25/2026
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FINANCED

Derby Copeland Capital Provides $5,150,000 Construction Loan For Brooklyn Condo By Adriel Bolour & Roy Moussaieff

726 Manhattan Avenue

See Similar Deals
Condo
Financed 03/25/2026
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Summary

NEW YORK
Asset Type:Condo
Transaction Type:Loan

The property asset involved in the transaction is a condo located at 726 Manhattan Avenue in Brooklyn. The transaction includes a construction loan amounting to $5,150,000. The property is part of a development initiative as indicated by the landlord's active interest in acquiring similar sites in the area.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $5,150,000
  • Lender: Derby Copeland Capital
  • Landlord: Adriel Bolour & Roy Moussaieff
  • Mortgage Broker: Alec Feintuch - Leviathan Capital
  • Loan Type: Construction

The deal features prominent individuals and companies such as Adriel Bolour and Roy Moussaieff, who are the landlords involved in the project. Additionally, Derby Copeland Capital, a firm specializing in real estate-related debt financing and equity investments, is the lender facilitating the mortgage. Alec Feintuch from Leviathan Capital served as the mortgage broker for the transaction.

Players

Alec Feintuch
8 deals$22.8M volume
BROKER

Details

FINANCED
IMAGE: Alec Feintuch DATE: 3/25/2026 ADDRESS: 726 Manhattan Avenue MARKET: Brooklyn ASSET TYPE: Condo LENDER: Derby Copeland Capital (@DerbyCopelandCapital) LANDLORD: Adriel Bolour & Roy Moussaieff MORTGAGE BROKER: Alec Feintuch (@AlecFeintuch) - Leviathan Capital LOAN AMOUNT: $5,150,000 LOAN TYPE: Construction NOTE FROM LANDLORD: We’re actively acquiring similar development sites in the area. If you have anything that fits, let’s connect: [email protected] / (646) 823-2046. NOTE FROM LENDER: Derby Copeland Capital is a New York City-based private equity firm that specializes in opportunistic real estate-related debt financing & equity investments. Derby Copeland Management Group, LLC is a registered investment adviser, which such registration does not provide any expertise or skill. Information presented is for information purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$5,150,000.00

Monthly NOI$34,333.33
Monthly Debt Service$32,551.50
Change in Cash Flow$0.00
Refinance Proceeds$0.00