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12 Halsey Street

Updated Aug 13, 2026

Ted Segal & Jeff Walker Of EJS Group Secures $137.5M Refinance Loan For Multifamily Asset In Brooklyn
FINANCEDMultiFamily

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

About this deal

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:

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

Aaron Appel

Walker & Dunlop

Broker

$34.6B

vol

204 deals

Broker

Jeff Walker

EJS Group

Buyer

$157.2M

vol

4 deals

Buyer
Hope Street Capital
Hope Street CapitalBuyer

Evan Katzin

AllianceBernstein

Lender

$137.5M

vol

1 deal

Lender
AllianceBernstein
AllianceBernsteinLender

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $601 per square foot on a published $137.5M for 228,600 square feet (2026).

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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

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