Waterman Capital Bank Provides $1.19M Acquisition Loan For Boerum Hill Industrial Property

A 4,500 square foot industrial property located at 213 Bond Street in Boerum Hill has been involved in a recent closed transaction. The property, owned by Gaetan Rousseau, has undergone a loan acquisition process.

Summary of transaction details:

• Property Type: Industrial
• Market: Boerum Hill
• Address: 213 Bond Street
• Loan Amount: $1,190,000
• Loan Type: Acquisition
• Lender: Waterman Capital Bank
• Landlord: Gaetan Rousseau

The loan amount for this acquisition was $1,190,000. The terms of the loan included a 2-year interest-only period with plans of converting it to an SBA loan in the future. The mortgage advisor responsible for securing the financing on this property was The Cornerstone Group of NY, represented by Russell Nova, Alex Nemy, Igor Zakh, and Sean Kuts. They worked alongside the brokers to ensure a smooth closing process for the buyer. The mortgage advisor emphasized the importance of working with a group that understands the market and has strong relationships with multiple banks and equity institutions.

To reach out to the brokers involved in this deal, the following contact details are provided:

• Russell Nova, Principal - 917-559-1820 - [email protected]
• Sean Kuts, Senior Relationship Manager - 347-585-5212 - [email protected]
• Igor Zakh, Operating Officer - 917-567-1646 - [email protected]
• Alexander Nemirovsky, Credit Manager - 347-751-5232 - [email protected]