Galaxy Capital Arranges $54.6M Construction Loan For Multifamily Property In Bushwick

The property involved in this transaction is a multifamily asset located at 60 Cedar Street in the Bushwick neighborhood of Brooklyn. The property has a total square footage of 134,358 and consists of 140 units.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: Not mentioned
• Loan Amount: $54,600,000
• Loan Type: Construction
• Market: Bushwick, Brooklyn
• Broker: Henry Bodek - Galaxy Capital

The loan amount for this transaction is $54,600,000 and it is a construction loan. No further information on the transaction amount is provided. The property is situated in the Bushwick market in Brooklyn. The broker representing this deal is Henry Bodek from Galaxy Capital.