Quinlan Development Group Refinances Multifamily Property In Clinton Hill For $56M

The multifamily property located at 230 Classon Avenue in Clinton Hill, Brooklyn spans 122,040 square feet. The property was part of a refinancing deal with a loan amount of $56,000,000 provided by QuadReal. The landlord involved in the transaction is Quinlan Development Group. The deal was facilitated by brokers Gideon Gil, Zachary Kraft, and Sebastian Sanchez from Cushman & Wakefield.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $56,000,000
• Address: 230 Classon Avenue
• Market: Clinton Hill, Brooklyn

The brokers from Cushman & Wakefield, Gideon Gil, Zachary Kraft, and Sebastian Sanchez, played a significant role in the refinancing deal for the multifamily property. The lender, QuadReal, provided the necessary funds, and the landlord, Quinlan Development Group, oversaw the transaction, ensuring a successful refinancing process.