Navistone Development Secures $31.75 Million Refinance Loan From Andy Waldman For 32 India Street

The property asset involved in this transaction is a mixed-use building located at 32 India Street in Brooklyn. The asset encompasses a total square footage of 46,000 and consists of 55 units, which include 53 residential and 2 commercial units.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $31,750,000
• Loan Type: Refinance
• Units: 55 (53 Residential & 2 Commercial)
• Lender: Andy Waldman - 360 Capital Funding
• Landlord: Navistone Development
• Broker Representatives: Alex Dobosh & Andrew Pilchick - HKS Real Estate Advisors

This transaction highlights the involvement of key individuals such as Andy Waldman, who serves as the lender for the loan arrangement, and the landlord being Navistone Development. Additionally, brokers Alex Dobosh and Andrew Pilchick from HKS Real Estate Advisors represent the transaction, facilitating the refinancing process.