Goose Property Management Secures $132M Construction Loan From Affinius Capital For Downtown Brooklyn Development

A construction loan of $132 million has been secured for a multifamily asset located at 358 Livingston Street in Downtown Brooklyn. The property is a planned 297-unit luxury development, set to complete in 2027.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $132,000,000
• Lender: Len O'Donnell - Affinius Capital
• Landlord: Yitzchok Katz & Perry Katz - Goose Property Management
• Broker: Henry Bodek - Galaxy Capital
• Market: Downtown Brooklyn

This transaction features key players in the multifamily development sector, with Goose Property Management representing the landlords Yitzchok Katz and Perry Katz, while Henry Bodek from Galaxy Capital facilitated the financing process. Len O'Donnell of Affinius Capital is the lender providing the construction financing.