M&T Realty Capital Corporation Provides $144M Loan For Multifamily Property In Prospect Heights | 662 Pacific Street | Bank Of NY Mellon | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

8,104 sqft

The Brodsky Organization has obtained a $144 million loan for a multifamily property located at 662 Pacific St. in Prospect Heights. The loan, provided by M&T Realty Capital Corporation, has a term of 10 years and is interest-only.

Summary of transaction details

Property Type: Multifamily
Transaction Amount: $144,000,000
Units: 312
Acres: 22

The lender for this transaction is John Taylor, Donna Falzarano, Mike Edelman, and Kyra Berzinis from M&T Realty Capital Corporation. They are providing the loan to The Brodsky Organization.

Players

All
1

Lenders
1

Bank Of NY Mellon

Details

Deal Summary

FINANCED

IMAGE: Donna Falzarano, John Taylor, Daniel Brodsky, Mike Edelman & Kyra Berzinis DATE: 05/31/2022 ADDRESS: 662 Pacific St. MARKET: Prospect Heights ASSET TYPE: Multifamily ~ UNITS: 312 ~ ACRES: 22 LENDER: John Taylor, Donna Falzarano (@D.Falzarano), Mike Edelman & Kyra Berzinis - M&T Realty Capital Corporation LANDLORD: The Brodsky Organization (@BrodskyOrg) LOAN AMOUNT: $144,000,000 LOAN TERMS: 10-year, interest-only

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Address662 Pacific Street

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