Square Mile Provides $367.5M Acquisition Loan For Multifamily Property In Brooklyn

The multifamily property located at 123 Melrose and 54 Noll St. in Brooklyn has been involved in a closed transaction. The property spans approximately 680,000 square feet.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $367,500,000
• Loan Type: Acquisition loan

The lender for this transaction was Square Mile, represented by Michael Lavipour. The landlord of the property is Atlas Capital Group, represented by Jeff Goldberger and Andy Cohen. The brokers involved in the deal were Morris Betesh, Alex Bailkin, and Tamir Kazaz from Meridian Capital Group.