Freddie Mac Provides $165.6M Agency Loan For Lightstone Group's Multifamily Property On 365 Bond Street In Gowanus, Brooklyn

The Lightstone Group has secured a loan of $165,584,000 for the acquisition of a multifamily property located at 365 Bond Street in Gowanus, Brooklyn. The property consists of 430 units and is situated in a highly desirable market.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $165,584,000
• Lender: Freddie Mac
• Landlord: Lightstone Group
• Brokers: Peter Rotchford, Michael Shmuely, Michael Zaremski, John Flynn, Nicco Lupo, Rob Hinckley, Jeffrey Julien, Steven Rutman, Jonathan Hageman, Hall Oster - JLL
• Loan Type: Agency Lending

The transaction was facilitated by a team of brokers from JLL, including Peter Rotchford, Michael Shmuely, Michael Zaremski, John Flynn, Nicco Lupo, Rob Hinckley, Jeffrey Julien, Steven Rutman, Jonathan Hageman, and Hall Oster. Their expertise and negotiation skills played a crucial role in securing the loan for Lightstone Group.