Delshah Capital's Michael Shah Secures $62.25M Acquisition Loan For 142-Unit Multifamily In Williamsburg

The property asset involved in this transaction is a multifamily building located at 34 Berry Street in Williamsburg, Brooklyn. It comprises a total of 142 units.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $62,250,000
• Lender: Ares Management
• Landlord: Delshah Capital - Michael Shah
• Advisors: Michael Zaremski & Clayton Ross - JLL
• Loan Type: Acquisition

This deal features key individuals and companies with Michael Zaremski and Clayton Ross serving as advisors from JLL. Delshah Capital is represented by Michael Shah in this transaction.