Avery Hall Investments And Gindi Capital Secures $136M Refinancing Loan For 655 Union Street

The property asset involved in this transaction is a multifamily building located at 655 Union Street in the Gowanus neighborhood of Brooklyn. The asset has a total square footage of 194,454 and comprises 193 units. The loan amount for this refinancing capitalization is $136,000,000.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $136,000,000
• Address: 655 Union Street
• Market: Gowanus, Brooklyn
• Lender: Freddie Mac & CenterSquare Investment Management
• Landlord: Avery Hall Investments and Gindi Capital
• Brokers: Christopher Peck, Peter Rotchford, Michael Shmuely & Nicco Lupo - JLL

The transaction involves several key individuals and entities. The landlords are Avery Hall Investments and Gindi Capital. The brokerage firm JLL represented the deal with brokers Christopher Peck, Peter Rotchford, Michael Shmuely, and Nicco Lupo being integral to the transaction negotiation process.