Derby Copeland Capital Closes $25 Million Acquisition Loan For Mixed-Use Property On Upper West Side

The asset involved in this transaction is a mixed-use property located at 500 Columbus Avenue in the Upper West Side. The acquisition loan for the property amounts to $25,000,000, facilitated by Derby Copeland Capital, a private equity firm specializing in opportunistic real estate-related debt financing and equity investments.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $25,000,000
• Address: 500 Columbus Avenue
• Market: Upper West Side
• Lender: Derby Copeland Capital
• Broker: Max Ralby, Niv Shahmoon & Holden Witkoff - Newmark
• Loan Type: Acquisition

The key individuals involved in this transaction include Max Ralby, Niv Shahmoon, and Holden Witkoff, who represent the brokerage firm Newmark. They played a significant role in facilitating the acquisition loan by Derby Copeland Capital for the aforementioned property on Columbus Avenue.