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We Lend Provides $2,760,000 Bridge Loan For Mixed-Use Properties In Brooklyn

Property Image
FINANCED
$2,760,000
Moses Suleymanov
Ruben Izgelov

New York

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Mixed-use2,870 SF
Financed 04/30/2025
the dealplayerscompscontact
Property Image
FINANCED

We Lend Provides $2,760,000 Bridge Loan For Mixed-Use Properties In Brooklyn

Mixed-use2,870 SF
Financed 04/30/2025
Moses Suleymanov
Ruben Izgelov
the dealplayerscompscontact
Contact now

Summary

Asset Type:Mixed-use
Price Per Square Foot:$961
Total Square Footage:2,870 SF
Transaction Type:Loan

The asset involved in the transaction is a mixed-use property located in Brooklyn, with a total square footage of 2,870. The loan amount for the project is $2,760,000 and is classified as a bridge loan.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $2,760,000
  • Lender: Ruben Izgelov, Moses Suleymanov & Solomon Suleymanov
  • Lending Company: We Lend
  • Loan Type: Bridge
  • Market: Brooklyn

The loan was funded to facilitate the revival of a stalled project, reflecting a commitment to support experienced operators in the mixed-use asset class despite market hesitations. For inquiries related to value-add, construction, or bridge financing, interested parties can contact Solomon Suleymanov directly.

Players

Moses Suleymanov
We Lend
Moses Suleymanov
24 deals$44.4M volume
LENDER
Ruben Izgelov
We Lend
Ruben Izgelov
23 deals$43.6M volume
LENDER
We Lend
We Lend
LENDER
We Lend
We Lend
LENDER

Details

FINANCED
IMAGE: Ruben Izgelov, Moses Suleymanov, Solomon Suleymanov, Igor Zakh & Russell Nova DATE: 5/01/2025 MARKET: Brooklyn ASSET TYPE: Mixed-use ~ SF: 2,870 LENDER: Ruben Izgelov (@Ruben_Izgel), Moses Suleymanov (@Moses.Suley) & Solomon Suleymanov (@Sal_Solomons) - We Lend (@WeLendLLC) LOAN AMOUNT: $2,760,000 LOAN TYPE: Bridge NOTE FROM LENDER: We recently funded two mixed-use properties in Brooklyn, New York, located side by side. The sponsor is stepping in to revive a stalled project, an effort that requires both conviction and the right financial partner. While many lenders have pulled back from lending on mixed-use assets, We Lend sees value where others see hesitation. We understand the fundamentals of this asset class and remain committed to providing smart, efficient capital to experienced operators. For value-add, construction, or bridge financing, please contact Solomon Suleymanov directly at 212.257.3888 or [email protected].

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$2,760,000.00

Monthly NOI$18,400.00
Monthly Debt Service$17,445.08
Change in Cash Flow$0.00
Refinance Proceeds$0.00