F2H Capital Secures $16M Construction Loan For Multifamily In Hell's Kitchen

The property at 359 West 48th Street in Hell's Kitchen is a multifamily building with 39 units spanning 35,840 square feet. The asset was recently involved in a loan transaction worth $16,000,000 for construction purposes. The loan was provided by Derby Copeland Capital.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $16,000,000
• Address: 359 West 48th Street
• Market: Hell's Kitchen
• Units: 39
• Lender: Derby Copeland Capital
• Landlord: Kings Capital - George Giannopoulos, Jeffrey Znaty & Thomas Giannopoulos
• Brokers: Farrukh Hasanov & Farkhad Hasanov - F2H Capital Group

The loan transaction involved key individuals such as George Giannopoulos, Jeffrey Znaty, Thomas Giannopoulos, Farrukh Hasanov, and Farkhad Hasanov. The deal was facilitated by F2H Capital Group, a debt advisory firm specializing in creative financing solutions for commercial real estate properties. Investors in need of acquisition, refinance, or recapitalization services can reach out to Farrukh Hasanov at 917-679-7995 or [email protected], as well as Farkhad Hasanov at 917-679-8680 or [email protected].