Canvas Investment Partners Secures $60 Million Loan From MUFG For 436 Albee Square Multifamily

The asset involved in this transaction is a multifamily property located at 436 Albee Square in Brooklyn. The property spans a total of 143,200 square feet and is valued within the market context. The transaction involved a loan amount of $60,000,000 secured from MUFG.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $60,000,000
• Address: 436 Albee Square
• Market: Brooklyn
• Lender: MUFG
• Landlord: Canvas Investment Partners
• Brokers: Grant Frankel, Jeff Organisciak & Ethan Pond - Eastdil Secured

Key individuals involved in this transaction include Grant Frankel, Jeff Organisciak, and Ethan Pond, who represent Eastdil Secured as brokers in the deal. The landlord of the property, Canvas Investment Partners, is noted as the party involved in this transaction.