Lin Family Secures $3,500,000 Construction Loan From Michael Tsor Of Broadview Funding For 15-Unit Multifamily In Brooklyn
New York
See Similar DealsLin Family Secures $3,500,000 Construction Loan From Michael Tsor Of Broadview Funding For 15-Unit Multifamily In Brooklyn
221 Bradford Street
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The property involved in this transaction is a MultiFamily asset located at 221 Bradford Street in the Brooklyn market. This asset consists of 15 units and has secured a construction loan amounting to $3,500,000 with terms set for a duration of 24 months.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $3,500,000
- Loan Type: Construction
- Loan Terms: 24 months
- Lender: Michael Tsor - Broadview Funding
- Landlord: Lin Family
The key individuals involved in this transaction include Michael Tsor, representing Broadview Funding, which specializes in construction, bridge, and DSCR loans across the Tri-State area and Florida. The Lin Family is noted as the landlord associated with the property.
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