Bank Hapoalim Provides $25M Construction Loan For Multifamily Property In Brooklyn

An multifamily property located at 219 Jay Street in Brooklyn was involved in a recent transaction. The property, owned by Sam Alison-Mayne and Sebastian Mendez of Tankhouse, was the subject of a construction loan provided by Bank Hapoalim. The loan amount was $25,000,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $25,000,000
• Address: 219 Jay Street, Brooklyn
• Market: Brooklyn

The transaction was facilitated by brokers Adam Hakim, James Murad, and David Baker from Meridian Capital Group, who represented both the landlords, Sam Alison-Mayne and Sebastian Mendez, and the lender, Bank Hapoalim.