Jeff Puchin Of Valley National Bank Funds $105M Construction Loan On Beverley Road Multifamily

The multifamily property located at 2201 Beverley Road in Flatbush, Brooklyn spans 210,000 square feet and comprises 296 units. The property was involved in a recent transaction where a construction loan of $105,000,000 was secured. The lender for this transaction was Jeff Puchin from Valley National Bank, while the landlord involved was David Bistricer. The brokers who facilitated the deal were Leah Paskus and Pinchas Vogel from Landstone Capital Group.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $105,000,000
• Address: 2201 Beverley Road
• Market: Flatbush, Brooklyn
• Asset Type: Multifamily
• Square Footage: 210,000
• Units: 296

The key individuals involved in this transaction include David Bistricer as the landlord of the property and Jeff Puchin from Valley National Bank as the lender. The deal was facilitated by Leah Paskus and Pinchas Vogel from Landstone Capital Group, who acted as the brokers in this construction loan transaction.