Sound Point Capital Management Provides $24.3 Million Refinance For Brooklyn Mixed-use Property

The asset involved in this transaction is a mixed-use property located in Brooklyn, comprising a total square footage of 69,875 and consisting of 49 units. The transaction was completed with a refinance loan amount of $24,300,000.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $24,300,000
• Loan Type: Refinance
• Lender: Sound Point Capital Management, L.P.
• Broker: Max Ralby - Newmark

This transaction involved the representation of the interests of the involved parties by broker Max Ralby from Newmark, who facilitated the refinancing process for the property in Brooklyn without repeating the details of the loan or property specifications presented earlier.