Caspi Development Refinances Multifamily Property In Greenpoint With $9.3M Loan From MF1 Capital

A multifamily property located at 144 West Street in Greenpoint has undergone a loan refinancing transaction. The property is owned by Caspi Development and the loan was provided by MF1 Capital. The loan amount for this transaction is $9,325,000. The loan type is a refinance, and the terms of the loan include a 6-month extension with an option for another 6-month extension.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $9,325,000
• Lender: MF1 Capital
• Landlord: Caspi Development
• Brokers: Bryan Manz & Emil DePasquale - Black Bear Capital Partners
• Loan Type: Refinance
• Loan Terms: 6-month extension with another 6-month extension option

The brokers involved in this transaction are Bryan Manz and Emil DePasquale, representing Black Bear Capital Partners. They played a crucial role in facilitating the loan refinancing deal for the multifamily property at 144 West Street in Greenpoint.