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Perry Katz Of Affinius Capital Provides $36M Refinance Loan To The Jay Group For Multifamily In Brooklyn
FINANCED
$36,000,000
New York
See Similar DealsMultiFamily
Financed 09/30/2025
FINANCED
Perry Katz Of Affinius Capital Provides $36M Refinance Loan To The Jay Group For Multifamily In Brooklyn
1885 Atlantic Avenue
See Similar DealsMultiFamily
Financed 09/30/2025
Summary
NEW YORK
Asset Type:MultiFamily
Transaction Type:Loan
The asset involved in this transaction is a multifamily building located at 1885 Atlantic Avenue, Greenpoint, Brooklyn. The building consists of 89 units and was completed in 2024. Affinius Capital has provided a loan for refinancing purposes.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $36,000,000
- Lender: Perry Katz - Affinius Capital
- Landlord: The Jay Group
- Broker: Henry Bodek - Galaxy Capital
- Loan Type: Refinance
This refinancing deal features key individuals including Perry Katz, representing Affinius Capital, who facilitated the loan for The Jay Group, the landlord of the property. Henry Bodek from Galaxy Capital acted as the broker in this transaction.
Players
BROKERAGE
LENDER
LENDER
LANDLORD
Details
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Deal Type
30 years
10 years
Debt Service Coverage Ratio (DSCR)
1.05x
Max Loan Amount
$36,000,000.00
Monthly NOI$240,000.00
Monthly Debt Service$227,544.49
Change in Cash Flow$0.00
Refinance Proceeds$0.00
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