Trinity Place Holdings Secures $60M Loan For Multifamily Property In Park Slope

A multifamily property located at 237 11th Street in Park Slope has recently been involved in a closed transaction. The property, owned by Trinity Place Holdings, was the subject of a loan deal secured from natixis''>Natixis. The loan amount for this transaction was $60,000,000, and it featured a 24-month, full-term interest-only floating rate loan with three one-year extension options. The property's market value and additional characteristics were not provided in the available information.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $60,000,000
• Lender: Natixis
• Landlord: Trinity Place Holdings
• Brokers: Drew Anderman, David Bollag & Alan Blank - Meridian Capital Group

In this transaction, the loan deal was facilitated by Natixis, while Trinity Place Holdings served as the landlord for the property located at 237 11th Street in Park Slope. The brokers involved in the deal were Drew Anderman, David Bollag, and Alan Blank from the Meridian Capital Group. Additional details regarding the property's size, market value, and specific terms of the loan were not provided in the available information.