Kings Capital Secures $7 Million Construction Loan From Derby Copeland Capital For Brooklyn Multifamily

The property asset involved in this transaction is a multifamily building located at 138 Joralemon Street in the Brooklyn market. A construction loan was secured for this property in the amount of $7,000,000, facilitating further development and investment in the asset.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $7,000,000
• Lender: Derby Copeland Capital
• Landlord: Kings Capital - George Giannopoulos & Jefrey Znaty
• Broker: Farrukh Hasanov & Farkhad Hasanov - F2H Capital Group
• Loan Type: Construction

The deal involved key individuals such as George Giannopoulos and Jeff Znaty representing Kings Capital, while Farrukh Hasanov and Farkhad Hasanov were the brokers involved through F2H Capital Group. The brokerage specializes in providing debt advisory services and financing solutions to real estate investors across the nation.