Updated Oct 9, 2026
Jake Soodek Of Hirshmark Capital Provides $6.7M Construction Loan To Anthony Morena In Brooklyn
103 Joralemon Street
$6,700,000
Building Size
—
Asset Type
MultiFamily
Closing
Jan 8, 2026
About this deal
AI
The property asset involved in this transaction is located at 103 Joralemon Street in Brooklyn. It is classified as a multifamily asset, with a loan amount of $6,700,000 designated for construction purposes.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $6,700,000
- Lender: Jake Soodek - Hirshmark Capital
- Landlord: Anthony Morena
- Loan Type: Construction
- Transaction Date: 1/8/2026
The deal involves key individuals such as Jake Soodek from Hirshmark Capital, who serves as the lender in this transaction, and Anthony Morena, who is the landlord associated with the property at 103 Joralemon Street.
On the Map
$6,700,000
MultiFamily
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Players
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.37%
Cash-on-Cash
-0.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93