Secures $81 Million Construction Loan From S3 Capital Partners For Brooklyn Mixed-Use Property
$81,000,000
Building Size
—
Asset Type
Mixed-use
Closing
Oct 28, 2025
About this deal
AI
The asset involved in this closed transaction is a mixed-use property located in the Brooklyn market. The loan amount secured for this property is $81,000,000, classified under construction loan type.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $81,000,000
- Lender: Robert Schwartz & Shawn Safdie - S3 Capital Partners
- Landlord: - Koby Telyas & Idan Shitrit
- Loan Type: Construction
The individuals involved in the transaction include Robert Schwartz and Shawn Safdie, who represent S3 Capital Partners, a leading capital provider focusing on multifamily transactions. Koby Telyas and Idan Shitrit represent the landlord, . Notably, S3 Capital is actively financing multifamily transactions across various markets, concentrating on loan opportunities exceeding $1 million.
Players
Market Mixed-use Market Snapshot
Boundary boundary · Mixed-use · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.20%
Cash-on-Cash
-0.06%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93