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Derby Copeland Capital Closes $17.18M Acquisition Loan For Mixed-Use Property In SoHo

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FINANCED
$17,175,000

New York

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FINANCED

Derby Copeland Capital Closes $17.18M Acquisition Loan For Mixed-Use Property In SoHo

159 Prince Street

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Mixed-use
Financed
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Summary

NEW YORK
Asset Type:Mixed-use
Transaction Type:Loan

The property involved in this transaction is a mixed-use asset located at 159 Prince Street and 161 Prince Street in SoHo, Manhattan. The acquisition loan closed for a total of $17,175,000, facilitating the transaction of this real estate asset.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $17,175,000
  • Lender: Derby Copeland Capital
  • Landlord: Tristar Management
  • Landlord's Representative: Shamir Seidman & Zach Hazen - CBRE
  • Loan Type: Acquisition
  • Date: 1/13/2026
  • Market: SoHo

Derby Copeland Capital specializes in opportunistic real estate-related debt financing and equity investments. The firm is a New York City-based private equity firm, providing the financial backing for this acquisition loan. The transaction was facilitated through the representation of Tristar Management by Shamir Seidman and Zach Hazen from CBRE.

Players

Shamir Seidman
23 deals$530.4M volume
BROKER

Zach Hazen
CBRE
4 deals$98.6M volume(516) 551-7004
BROKER

CBRE
BROKERAGE

Details

FINANCED
IMAGE: 1/13/2026 ADDRESS: 159 Prince Street & 161 Prince Street MARKET: SoHo ASSET TYPE: Mixed-use LENDER: Derby Copeland Capital LANDLORD: Tristar Management LANDLORD'S REP: Shamir Seidman & Zach Hazen - CBRE (@CBRE) LOAN AMOUNT: $17,175,000 LOAN TYPE: Acquisition NOTE FROM LENDER: Derby Copeland Capital closed an acquisition loan for $17,175,000 at 159-161 Prince Street in SoHo, Manhattan. Derby Copeland Capital is a New York City-based private equity firm that specializes in opportunistic real estate-related debt financing & equity investments. Derby Copeland Management Group, LLC is a registered investment adviser, which such registration does not provide any expertise or skill. Information presented is for information purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital.

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$17,175,000.00

Monthly NOI$114,500.00
Monthly Debt Service$108,557.68
Change in Cash Flow$0.00
Refinance Proceeds$0.00