K2 Real Estate Partners Secures $79 Million Refinance Loan For 165-Unit Multifamily In Brooklyn

The property asset involved in the transaction is a multifamily building located at 210 Clarkson Avenue in Prospect Lefferts Gardens, Brooklyn. The asset has a total square footage of 185,926 and consists of 165 residential units. The refinancing of this multifamily asset involved a loan amount of $79 million.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $79,000,000
• Address: 210 Clarkson Avenue
• Market: Prospect Lefferts Gardens, Brooklyn
• Asset Size: 185,926 SF
• Units: 165
• Lender: Berkeley Point Capital
• Landlord: K2 Real Estate Partners, Shmuel Wallerstein & Naftali Olshwang
• Loan Type: Refinance

The key individuals involved in this transaction include K2 Real Estate Partners, along with partners Shmuel Wallerstein and Naftali Olshwang, who refinanced the property through a loan provided by Berkeley Point Capital. This deal highlights the involvement of these parties in securing financing for the 165-unit property.