Castling Capital Provides $7M Hard Money Loan For Multifamily Property In Brooklyn

Located at 1365-1369 St. Johns Pl. in Brooklyn, this multifamily property was involved in a closed transaction. The property is situated in a bustling market and offers a great investment opportunity for residential real estate investors. The transaction took place on August 20, 2021, and involved a loan with a term of 12 months. The loan amount for this deal was $7,000,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $7,000,000
• Market: Brooklyn
• Loan Terms: 12 Month Term Hard Money Loan

Moshe Sander from Castling Capital served as the broker for this transaction. Castling Capital, a renowned financial institution, offers a variety of term and bridge loan products catering to residential real estate investors all across the United States. They strive to provide their clients with flexible financing options to meet their investment needs. It is worth mentioning that the client expressed satisfaction with the loan terms, leading to the successful funding of this deal.

If you have a deal you'd like to discuss, please reach out to Castling Capital at [email protected].