Located in Greenpoint, the multifamily property at 1 Bell Slip has recently been involved in a closed transaction. The property, owned by Brookfield Properties, attracted the attention of Otera Capital Investments, who provided a loan amount of $188,400,000. The deal took place on May 21, 2021, showcasing the demand for real estate in the Greenpoint market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $188,400,000
• Address: 1 Bell Slip
• Market: Greenpoint

Otera Capital Investments played a pivotal role in this transaction by offering the significant loan amount. Meanwhile, Brookfield Properties, the landlord, was able to secure financing for their Greenpoint property through this deal. The involvement of these key individuals and companies highlights their impact on the real estate market.