King's Capital Secures $8.1 Million Acquisition Loan From Derby Copeland Capital In Hell's Kitchen

The transaction involves a multifamily property located at 404 West 51st Street and 406 West 51st Street in the Hell's Kitchen market. The asset features a total square footage of 15,520 and is associated with a loan amount of $8,100,000, specifically designated for acquisition purposes.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,100,000
• Address: 404 West 51st Street & 406 West 51st Street
• Market: Hell's Kitchen
• Lender: Derby Copeland Capital
• Landlord: King's Capital
• Broker: Farrukh Hasanov & Farkhad Hasanov - F2H Capital Group

Derby Copeland Capital, a New York City-based private equity firm, executed the financing for this acquisition. The firm's expertise lies in opportunistic real estate-related debt financing and equity investments. The transaction reflects the involvement of key representatives who facilitated the process, including Farrukh Hasanov and Farkhad Hasanov, acting for F2H Capital Group as brokers in this deal.