Jay Greenberg And Conor Hussey Secure $12 Million Loan For Mixed-use Asset In Brooklyn

The property involved in the transaction is a mixed-use asset located at 680 Fulton Street in Brooklyn, featuring a total square footage of 36,047. It encompasses 47 units, of which 2 are commercial and 45 are residential. The loan amount secured for the acquisition is $12,000,000 with a term of 5 years.

The deal involved key individuals including Jay Greenberg and Conor Hussey from Z+G Property Group who are noted as the borrowers. The transaction was facilitated by brokers Shamir Seidman, Jeff Feldman, and Judah Hammer, who represent CBRE. A note from the broker expresses pride in announcing the financing of the asset and gratitude for the collaboration between Z+G and Santander to complete this transaction.