Midwood Investment & Development Secures $200M Construction Loan From Affinius Capital In Gowanus Brooklyn
New York
See Similar DealsMidwood Investment & Development Secures $200M Construction Loan From Affinius Capital In Gowanus Brooklyn
200 Douglass Street
See Similar DealsSummary
The property asset involved in this transaction is a multifamily asset located at 200 Douglass Street in Gowanus, Brooklyn, comprising a total of 276 units. The loan amount for the construction financing is $200,000,000, facilitated by the lender Affinius Capital, on behalf of the landlord, Midwood Investment & Development.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $200,000,000
- Address: 200 Douglass Street
- Market: Gowanus, Brooklyn
- Units: 276
- Lender: Affinius Capital
- Landlord: Midwood Investment & Development
- Brokers: Scott Aiese, Andrew Scandalios, Lauren Kaufman, Steven Rutman & Nicco Lupo - JLL
The deal involved notable individuals such as Scott Aiese, Andrew Scandalios, Lauren Kaufman, Steven Rutman, and Nicco Lupo, representing the brokering team from JLL. These brokers played a crucial role in facilitating this significant loan transaction within the multifamily sector.
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