Square Mile Capital Management Provides $145M Refinance Loan For Downtown Brooklyn Multifamily

260 Gold Street, a multifamily property located in Downtown Brooklyn, was recently involved in a loan transaction. The property spans approximately 194,089 square feet and consists of 286 units. The loan, which took place on May 24, 2021, was a refinance.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $145,000,000
• Address: 260 Gold Street
• Market: Downtown Brooklyn
• Square Footage: 194,089
• Units: 286

In this loan transaction, Square Mile Capital Management served as the lender. The landlord of 260 Gold Street is Bruman Realty, represented by Joseph Brunner and Abe Mandel. Galaxy Capital Group, specifically Henry Bodek, assisted in the deal as the broker.