Bank Of Montreal Provides $8,000,000 Refinance Loan For MultiFamily Property In Brooklyn

This property is a MultiFamily asset located at 16 Howard Avenue in the Brooklyn market. The loan amount for this transaction is $8,000,000, which is designated for refinancing purposes. The financial institution involved in this loan is the Bank of Montreal.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $8,000,000
• Loan Type: Refinance
• Lender: Bank of Montreal
• Brokers: David Bollag & James Darling - Meridian Capital Group
• Date of Transaction: 07/24/2026
• Address: 16 Howard Avenue
• Market: Brooklyn

David Bollag and James Darling from Meridian Capital Group represented the borrower in this loan transaction. Their involvement highlights the professional services facilitating the refinancing process for this MultiFamily property.