Bank Of China Provides $223M Loan For Multifamily Property In Prospect Lefferts Gardens, Brooklyn

The multifamily property located at 123 Linden Boulevard in Prospect Lefferts Gardens, Brooklyn, has recently been involved in a closed transaction. The property consists of 467 units and is owned by The Moinian Group.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $223,000,000
• Loan Amount: $223,000,000
• Lender: Bank of China 🇨🇳
• Landlord: The Moinian Group
• Broker: Marvin Jeremias - Meridian Capital Group

The loan for this transaction was provided by Bank of China. Marvin Jeremias from Meridian Capital Group represented the parties involved in the deal.