Derby Copeland Capital Provides $46.35M Loan For Mixed-use Properties In SoHo, West Village & Chelsea

A closed transaction has taken place involving multiple properties in the SoHo, West Village, and Chelsea neighborhoods of Manhattan. The properties include 82-86 Washington Place, 188-192 Sixth Avenue, 234-236 West 15th Street, and 253-255 West 15th Street. These properties are classified as mixed-use, meaning they serve a combination of residential and commercial purposes. The transaction took place on June 30, 2021.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $46,350,000
• Market: SoHo, West Village & Chelsea

Derby Copeland Capital, a New York City-based private equity firm specializing in real estate-related debt financing and equity investments, acted as the lender in this transaction. They provided a first-priority mortgage loan in the amount of $46,350,000. Derby Copeland Capital efficiently closed the deal within three weeks from the execution of the term sheet. For loan and preferred equity opportunities, interested parties can reach out to Derby Copeland Capital at [email protected].