Joseph Brunner Secures $53 Million Refinance For Multifamily Properties In Bedford Stuyvesant

Joseph Brunner’s 1428 Fulton St LLC secured a refinance for two multifamily residential properties located at 1428 Fulton Street and 343 Ralph Avenue in Bedford-Stuyvesant, Brooklyn. The total square footage of the properties is 150,096, consisting of 152 units. The loan amount for the refinance is $53,000,000.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $53,000,000
• Address: 1428 Fulton Street & 343 Ralph Avenue
• Market: Bedford Stuyvesant, Brooklyn
• Lender: Tammy K. Jones - Basis Investment Group
• Landlord: Joseph Brunner
• Loan Type: Refinance

The transaction involved significant representation from Tammy K. Jones of Basis Investment Group, who facilitated the refinancing process for the landlord, Joseph Brunner, enhancing the financial structure of the properties involved.