Joshua Brown And Rayshaun Addison Secure $1.634M Construction Loan For Multifamily Development In Brooklyn

The asset involved in this transaction is a multifamily property located at 347 Chauncey Street in Brooklyn. The total square footage of the property is 4,500. The transaction includes a construction loan amounting to $1,634,000, with terms set for a duration of 1 year.

Summary of transation details:

• Property Type: MultiFamily
• Transaction Amount: $1,634,000
• Loan Type: Construction
• Loan Terms: 1 Year
• Address: 347 Chauncey Street
• Market: Brooklyn
• Landlord: Joshua Brown & Rayshaun Addison
• Landlord's Representative: Joshua Brown, Rayshaun Addison & Daniel Hyde - Pushing Forward Realty

The transaction is represented by Joshua Brown and Rayshaun Addison, who are both principals at Pushing Forward Realty, along with Daniel Hyde. They oversee multifamily development and acquisitions, and can be contacted through [email protected]. Note from the landlord's representative indicates their involvement in development initiatives.