Ben Fishkind Of Societe Generale Provides $7.275M Acquisition And Refinance Loan In Brooklyn

The asset involved in the transaction is a multifamily/retail property consisting of 36 residential units and 6 retail spaces, along with 2 additional retail spaces plus offices. The transaction occurred in the Brooklyn/Long Island market.

Summary of transaction details:

• Property Type: Multifamily/Retail
• Transaction Amount: $7,275,000
• Lender: Ben Fishkind - Societe Generale
• Broker: Alan Friedman - Meridian Capital Group
• Loan Type: Acquisition/Refinance
• Loan Terms: 5 year term, IO

Societe Generale closed a blanket loan on two properties, with one involved in an acquisition and the other in a refinance. The loan was facilitated by Alan Friedman, who serves as a Senior Vice President at Meridian Capital Group.