Lloyd Properties Secures $1.475M Preferred Equity Loan For 23-Unit Multifamily In Brooklyn
New York
See Similar DealsLloyd Properties Secures $1.475M Preferred Equity Loan For 23-Unit Multifamily In Brooklyn
177 Concord Street
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The asset involved in this transaction is a multifamily property located at 177 Concord Street in Brooklyn. It encompasses a total square footage of 22,000 and includes 23 units. The loan amount secured for this property is $1,475,000, categorized under preferred equity.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,475,000
- Square Footage: 22,000
- Units: 23
- Address: 177 Concord Street
- Market: Brooklyn
- Lender: HudsonPoint Group
- Lender Representatives: Jason Schottenfeld, Matthew Pazzaglini, Matt Sherr
- Landlord: Lloyd Properties
- Landlord Representative: David Lloyd
- Loan Type: Preferred equity
The deal involves key individuals and firms such as HudsonPoint Group, represented by Jason Schottenfeld, Matthew Pazzaglini, and Matt Sherr, indicating their role in providing the financing for this transaction. Lloyd Properties, represented by David Lloyd, is the landlord associated with the multifamily property.
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