The Hudson Companies Secures $72.5M Refinance Loan For Multifamily Property In Flatbush, Brooklyn

A multifamily property located at 350 Clarkson Avenue in Flatbush, Brooklyn, has undergone a refinance transaction. The property spans 225,000 square feet and consists of 250 units. The transaction was facilitated by Brian Warwick, a broker from ABS Altman Warwick. The landlord of the property is The Hudson Companies.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $72,500,000
• Lender: Athene Annuity and Life Assurance Company - Apollo Global Management
• Broker: Brian Warwick - ABS Altman Warwick

Athene Annuity and Life Assurance Company, in collaboration with Apollo Global Management, provided the loan amount of $72,500,000 for the refinancing of this multifamily property. The transaction was facilitated by Brian Warwick, who represents ABS Altman Warwick. The refinance deal allows the property owner, The Hudson Companies, to secure favorable loan terms and potentially improve cash flow.