FINANCED
White Oak Real Estate Capital Provides $55.5M Construction Loan For Multifamily Property In Bushwick
159 boerum street
MultiFamily
90,000 SF
90,000 SF
Financed 1 year ago
Summary
Loan
NEW YORK
MultiFamily
90,000 sqft
The multifamily property located at 159 Boerum Street in Bushwick has been involved in a closed transaction. The property spans over 90,000 square feet and consists of 161 units. The transaction involved a construction loan.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $55,500,000
- Address: 159 Boerum Street
- Market: Bushwick
- Square Footage: 90,000
- Number of Units: 161
The loan for this transaction was provided by White Oak Real Estate Capital. The landlord involved in the transaction is Slate Property Group and Avenue Realty Capital, represented by Martin Nussbaum and David Schwartz. The brokerage team from Newmark, including Daniel Fromm, Dustin Stolly, and Jordan Roeschlaub, facilitated the deal.
Players
All
5
Agents
3
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Dustin Stolly, Martin Nussbaum, Jordan Roeschlaub, David Schwartz & Daniel Fromm
DATE: 12/29/2022
ADDRESS: 159 Boerum Street
MARKET: Bushwick
ASSET TYPE: Multifamily ~ SF: 90,000 ~ UNITS: 161
LENDER: White Oak Real Estate Capital
LANDLORD: Slate Property Group (@SlatePropertyGroup) & Avenue Realty Capital - Martin Nussbaum (@Martin.Nuss) & David Schwartz
BROKERS: Daniel Fromm (@Ddwb), Dustin Stolly, Jordan Roeschlaub (@JordyRoeschlaub) - Newmark (@Newmark)
LOAN AMOUNT: $55,500,000
LOAN TYPE: ConstructionView on map
Loading...
Address159 boerum street
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want