Avery Hall, Declaration Partners & Bridge Investment Group Secure $72.5M Construction Loan For Gowanus Multifamily

A multifamily property located at 544 Carroll Street in Gowanus, Brooklyn has been involved in a recent loan transaction. The property spans over 135,608 square feet and comprises 133 units. The loan amount for this transaction is $72,500,000, and it falls under the category of construction loans. The property is owned by Avery Hall, Declaration Partners, and Bridge Investment Group.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $72,500,000
• Address: 544 Carroll Street
• Market: Gowanus, Brooklyn
• Square Footage: 135,608
• Units: 133
• Landlord: Avery Hall, Declaration Partners & Bridge Investment Group
• Lender: TD Bank
• Brokers: Christopher Peck & Peter Rotchford - JLL
• Loan Type: Construction

Christopher Peck and Peter Rotchford from JLL served as brokers in this loan transaction.