Aview Equities Secures $53.2 Million Loan At 57 Caton Place Brooklyn Multifamily Property

The property involved in this transaction is located at 57 Caton Place in Brooklyn, comprising a multifamily asset with 131 units. The loan amount secured for this asset is $53,200,000, categorized as a recapitalization type loan.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $53,200,000
• Senior Participant Lender: Maxim Capital Group
• Whole Loan Lender: Dornin Investment Group & Torchlight Investors
• Landlord: Aview Equities
• Lender's Representatives: James Murad, Michael Winter & Adam Hakim - Ripco

The loan was facilitated by Maxim Capital Group, which provided senior participant financing. This financing is collateralized against 57 Caton Place, which was previously acquired by a joint venture of Dornin Investment Group and Torchlight Investors.