Shaye Stul Receives $4.5 Million Bridge Loan For Multifamily Portfolio In Flatbush Brooklyn

The transaction involves a multifamily portfolio located in Flatbush, Brooklyn, comprising three properties with a total of 68 apartments and a square footage of 17,534. The secured loan amount is $4,500,000 designed to support the financing of these assets.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $4,500,000
• Lender: Eli Ben-Meir - Arion Fund
• Borrower: Shaye Stul
• Broker Representatives: Pinchas Vogel, Shlomy Wertzberger - Landstone Capital Group
• Loan Type: Bridge
• Market: Brooklyn

Eli Ben-Meir represents Arion Fund, which has recently completed the loan transaction, demonstrating its dedication to providing customized financing solutions aimed at promoting growth within the multifamily sector. The involvement of brokers Pinchas Vogel and Shlomy Wertzberger further illustrates the collaborative effort in securing this financing arrangement.