David Bistricer Secures $125 Million Refinance Loan For 2360 Bedford Avenue Multifamily In Brooklyn

The asset involved in this transaction is a multifamily property located at 2360 Bedford Avenue in Brooklyn. It encompasses a total square footage of 196,034 and comprises 296 units, reflecting its capacity to serve a substantial residential population.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $125,000,000
• Loan Type: Refinance
• Lender: Chris Gregg & Jeff Puchin - Valley National Bank
• Landlord: David Bistricer
• Brokers: Leah Paskus & Pinchas Vogel - Landstone Capital Group

The deal features key contributions from Chris Gregg and Jeff Puchin as representatives from Valley National Bank providing the refinancing loan. David Bistricer is the landlord involved, and brokerage services are represented by Leah Paskus and Pinchas Vogel from Landstone Capital Group, facilitating the transaction process.