David Bistricer Secures $120 Million Refinance Loan For Multifamily Asset In Brooklyn

The property asset involved in this transaction is a multifamily building located at 2359 Bedford Avenue in Brooklyn. It encompasses a total square footage of 278,696 and includes 227 units. The loan amount secured for this property is $120,000,000, which is categorized as a refinance loan.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $120,000,000
• Address: 2359 Bedford Avenue
• Market: Brooklyn
• Square Footage: 278,696
• Units: 227
• Lender: Ilana Druyan & David Kesselman - BHI - Bank Hapoalim
• Landlord: David Bistricer
• Broker Representatives: Leah Paskus & Pinchas Vogel - Landstone Capital Group
• Loan Type: Refinance

The key individuals involved in this deal include Ilana Druyan and David Kesselman acting as the lenders from Bank Hapoalim, while the landlord is identified as David Bistricer. The brokerage representation for this transaction was conducted by Leah Paskus and Pinchas Vogel from Landstone Capital Group.