Hakimian Capital Provides $8.45M Bridge Loan For Brooklyn Multifamily Acquisition
New York
See Similar DealsHakimian Capital Provides $8.45M Bridge Loan For Brooklyn Multifamily Acquisition
195 Meserole Street, Brooklyn, NY, USA
See Similar DealsSummary
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.
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