TARGO Capital Partners Acquires 13-Unit West Village Multifamily With $5.5M Loan From Dwight Capital

An acquisition of a 13-unit multifamily property in the West Village of Manhattan has been funded with a bridge loan of $5,500,000. The property, located at 661 Washington Street, was purchased by TARGO Capital Partners. The loan was arranged by Dwight Capital, with Josh Sasouness representing the lender.

Summary of Transaction Details

• Property Type: Multifamily
• Loan Amount: $5,500,000
• Address: 661 Washington Street
• Market: West Village, Manhattan
• Buyer: TARGO Capital Partners
• Lender: Dwight Capital
• Lender Representative: Josh Sasouness

Dwight Capital facilitated the bridge financing within a 30-day timeframe. TARGO Capital Partners successfully acquired the 13-unit property, adding to their portfolio in the desirable West Village market.