MetLife Provides $143M Loan For Mixed-Use Property On 475 Clermont Ave, Brooklyn

The asset involved in the transaction is a mixed-use property located at 475 Clermont Ave, Brooklyn, NY, 11238. The loan amount secured for this property is $143,000,000.00, indicative of its significance within the Brooklyn market.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $143,000,000.00
• Borrower's Representative: Matthew Hirsch
• Lender: metlife-investment-management'>MetLife
• Date of Loan: 09/10/2021

This transaction involved Matthew Hirsch representing the borrower, while metlife-investment-management'>MetLife was the lender providing financing for the mixed-use asset. The interaction highlights the role of intermediaries in facilitating significant financing arrangements in the Brooklyn area.