Tolib Mansurov Secures $12.3 Million Bridge Loan For 64-Unit Multifamily At 408 Lefferts Avenue

The asset involved in this transaction is a MultiFamily property located at 408 Lefferts Avenue in the Prospect Lefferts Gardens market of Brooklyn. The property consists of 64 units and has a loan amount of $12,300,000 structured as a bridge loan.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $12,300,000
• Address: 408 Lefferts Avenue
• Market: Prospect Lefferts Gardens, Brooklyn
• Units: 64
• Borrower: Tolib Mansurov
• Landlord's Rep: Morris Betesh, Michael Tsyngauz & Louis Halperin - Arrow Real Estate Advisors
• Loan Type: Bridge

This transaction involves key individuals such as borrower Tolib Mansurov and the landlord's representatives Morris Betesh, Michael Tsyngauz, and Louis Halperin from Arrow Real Estate Advisors, who played essential roles in facilitating the loan agreement.