A multifamily portfolio located at 545 Metropolitan Avenue and 284 Suydam Street in Williamsburg, Brooklyn, has been financed through a recapitalization loan. The total loan amount for the properties is $6,450,000, encompassing an asset with a square footage of 15,642. The lender for this transaction is Derby Copeland Capital, a firm based in New York City specializing in opportunistic real estate-related debt financing and equity investments.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,450,000
• Address: 545 Metropolitan Avenue & 284 Suydam Street
• Market: Williamsburg, Brooklyn
• Lender: Derby Copeland Capital
• Landlord: Patoma Partners
• Brokers: Brad Fishbein & Matthew Albano - GCP Capital Group
• Loan Type: Recapitalization
• Asset Size: 15,642 SF

The transaction involved key individuals Brad Fishbein and Matthew Albano, who represented the broker agency GCP Capital Group. Derby Copeland Capital, identified as a private equity firm, does not provide any expertise or skill as a registered investment adviser, and the information given serves purely for informational purposes regarding the transaction.