Bluejay Management Secures $39M Loan For Multifamily Property In Flatbush With Cross River Bank

The multifamily property located at 50 Clarkson Avenue in Flatbush has been involved in a closed transaction. The property spans a total square footage of 93,789 and consists of 93 units. The loan amount for this transaction was $39,000,000. The lender for this deal was Cross River Bank, while the landlord represented by Bluejay Management is Marc Jacobowitz.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $39,000,000
• Square Footage: 93,789
• Address: 50 Clarkson Avenue, Flatbush
• Market: Flatbush
• Lender: Cross River Bank
• Landlord: Bluejay Management - Marc Jacobowitz

In this transaction, Cross River Bank served as the lender, providing the loan amount of $39,000,000 to facilitate the deal. Bluejay Management, represented by Marc Jacobowitz, acted as the landlord in this multifamily property transaction located at 50 Clarkson Avenue, Flatbush.