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

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.