Isreal Hirsch & Chayim Rosenfeld Secure $11.1M Refinance Loan From UBS For Brooklyn Multifamily

The property asset involved in this transaction is a multifamily building located at 22 Milford Street in Brooklyn. The asset encompasses a total square footage of 15,000 and includes 43 residential units, reflecting its substantial scale within the market.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $11,100,000
• Date: 6/19/2025
• Lender: UBS
• Landlord: Isreal Hirsch & Chayim Rosenfeld
• Brokers: Jake Gluck & Michael Helmreich - Fortune Capital Group
• Loan Type: Refinance
• Loan Terms: City Fehps Loan - 5 Years, Full Term Interest Only

This deal features key individuals including Isreal Hirsch and Chayim Rosenfeld as landlords, with Jake Gluck and Michael Helmreich representing Fortune Capital Group as brokers for the transaction. The refinancing structure facilitated by UBS underscores the financial maneuvering in securing the asset's continued operation within the Brooklyn market.