Patoma Inc Refinances Multifamily And Mixed-Use Properties With $13.5 Million Loan From Deutsche Bank

This transaction involves a refinance deal encompassing five small multifamily and mixed-use properties located in Brooklyn and Queens. The total loan amount secured for this transaction is $13,500,000, provided by Deutsche Bank. The properties collectively have a building square footage (BSF) of 17,605 and a total square footage (SF) of 12,119, with notable inclusion of 284 Suydam Street in Bushwick containing 13 residential units.

Summary of transaction details:

• Property Type: Multifamily & Mixed-Use
• Transaction Amount: $13,500,000
• Loan Type: Refinance
• Lender: Deutsche Bank
• Landlord: Patoma Inc
• Market: Brooklyn & Queens
• Building Square Footage: 17,605
• Total Square Footage: 12,119

Patoma Inc. is the landlord managing the refinancing of these properties, and the deal highlights the financial backing by Deutsche Bank in facilitating the refinancing process. The transaction signifies a strategic move by Patoma Inc. to enhance their property portfolio across the boroughs of Brooklyn and Queens.