Joel Landau Secures $37.8 Million Refinance Loan From Valley National Bank For 107-Unit Multifamily In Brooklyn

The property asset involved in this transaction is a MultiFamily building located at 2224 Cropsey Avenue in Brooklyn, consisting of 107 units. The loan amount secured for this refinancing is $37,800,000.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $37,800,000
• Lender: Valley National Bank
• Lender Representatives: Chris Gregg, Roger Rofe & Roland Cablayan
• Borrower: Joel Landau
• Brokers: Ernest Lefkowitz, Leah Paskus & Pinchas Vogel - Landstone Capital Group
• Loan Type: Refinance
• Date of transaction: 07/17/2026

This transaction features key individuals including Joel Landau as the borrower and representatives from Valley National Bank, specifically Chris Gregg, Roger Rofe, and Roland Cablayan. The brokers, Ernest Lefkowitz, Leah Paskus, and Pinchas Vogel, are associated with Landstone Capital Group and facilitated the refinancing process.