Berkshire Residential Investments Provides $86M Loan For Multifamily Property In Central Harlem

The multifamily property located at 2802 Fredrick Douglass Boulevard in Central Harlem has been involved in a loan transaction. The lender involved in the deal is Berkshire Residential Investments. The loan amount for this transaction is $86,000,000. The property spans a total square footage of 436,115 and consists of 538 units. The landlord for this property is Fairstead.

Summary of transaction details

• Property Type: Multifamily
• Loan Amount: $86,000,000
• Address: 2802 Fredrick Douglass Boulevard
• Market: Central Harlem
• Square Footage: 436,115
• Units: 538
• Lender: Berkshire Residential Investments
• Landlord: Fairstead

Detailed information about the individuals and companies involved in the deal is as follows. The loan transaction was facilitated by David Olney, Will Blodgett, and Jeffrey Goldberg. They represent Berkshire Residential Investments in this transaction.