Derby Copeland Capital Provides $5,150,000 Construction Loan For Brooklyn Condo By Adriel Bolour & Roy Moussaieff
New York
See Similar DealsDerby Copeland Capital Provides $5,150,000 Construction Loan For Brooklyn Condo By Adriel Bolour & Roy Moussaieff
726 Manhattan Avenue
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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.
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