Hakimian Capital Provides $8.45M Bridge Loan For Brooklyn Multifamily Acquisition

The multifamily property located at 195 Meserole Street, 196 Bergen Street, 390 Seneca Ave., and 215 Montrose Ave. in Brooklyn was involved in a recent transaction. The property spans a total square footage of 18,125 and falls under the asset type of Multifamily.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,450,000
• Market: Brooklyn
• Lender: Hakimian Capital - Sammy Hakimian, Daniel Nadri, and Michael Hakimian
• Landlord: Eden Ashourzadeh
• Loan Type: Bridge loan

Hakimian Capital, represented by Sammy Hakimian, Daniel Nadri, and Michael Hakimian, provided a bridge loan for the acquisition and renovation of the property. As a longtime repeat client, the borrower chose Hakimian Capital for their surety of execution and streamlined process. The lender conducted all due diligence and underwriting in-house, saving the borrower from paying unnecessary third-party fees.