Ted Segal & Jeff Walker Of EJS Group Secures $137.5M Refinance Loan For Multifamily Asset In Brooklyn
12 Halsey Street
$137,500,000
$601/SF
Building Size
228,600 SF
Asset Type
MultiFamily
Closing
Jul 29, 2026
AI
The property asset involved in the transaction is a multifamily building located at 12 Halsey Street in Brooklyn. The asset encompasses a total square footage of 228,600 and includes 240 units. The refinancing transaction amount reached $137,500,000.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $137,500,000
- Loan Type: Refinance
- Lender: Evan Katzin - AllianceBernstein
- Borrower: Ted Segal & Jeff Walker - EJS Group; Hope Street Capital
- Brokers: Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer, Michael Diaz, Michael Ianno & Cole Grims - Walker & Dunlop
The transaction involved key individuals including Evan Katzin who represented the lender, and Ted Segal and Jeff Walker who represented the borrowers, EJS Group and Hope Street Capital, respectively. The brokerage team from Walker & Dunlop played a crucial role in facilitating the loan transaction.
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
0.12%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93