Aaron Krawitz Of Bravo Property Trust Originates $23M Loan For 31-Unit Brooklyn Multifamily

A multi-family apartment building with 31 units located at 106-107 South 6th Street in Brooklyn has been the subject of a recent financial transaction. The property was involved in a significant loan amounting to $23,000,000, facilitating its recent redevelopment. The building's redevelopment was backed by the acquisition of 107-109 S6 DE LLC for $13.8 million in 2024.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $23,000,000
• Address: 106-107 South 6th Street
• Market: Brooklyn
• Units: 31
• Lender: Aaron Krawitz - Bravo Property Trust
• Landlord: 107-109 S6 DE LLC

The loan originated from Bravo Property Trust, represented by Aaron Krawitz, underscoring the company’s commitment to funding redevelopment projects in the area. The landlord involved in this transaction, 107-109 S6 DE LLC, is focused on enhancing the property’s value through its redevelopment efforts.