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

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.