Derby Copeland Capital Provides $11.25M Acquisition Loan For Multifamily Property In Downtown Brooklyn

A multifamily property located at 177 Concord Street in Downtown Brooklyn has been involved in a transaction involving a loan amount of $11,250,000. The total square footage of the asset is 21,977, and the loan is designated for acquisition purposes.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $11,250,000
• Loan Type: Acquisition
• Address: 177 Concord Street
• Market: Downtown Brooklyn
• Lender: Derby Copeland Capital
• Landlord: Lloyd Properties & Kadima Properties

The transaction was facilitated by Derby Copeland Capital, a private equity firm based in New York City that specializes in real estate-related debt financing and equity investments. Notably, Derby Copeland Management Group, LLC is a registered investment adviser, which such registration does not provide any expertise or skill. Information presented is for information purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Past performance is no guarantee of future returns. Investing involves risk and possible loss of principal capital.