STAY BK Secures $2.5 Million Bridge Loan From Arion Fund For Brooklyn Multifamily Property
New York
See Similar DealsSTAY BK Secures $2.5 Million Bridge Loan From Arion Fund For Brooklyn Multifamily Property
670 Halsey Street
See Similar DealsSummary
The property asset involved in this transaction is a multifamily building located at 670 Halsey Street in Brooklyn, comprising 5,000 square feet and containing 7 units. The loan amount for this property is $2,500,000 with a bridge loan type.
Summary of transaction details:
- Property Type: MultiFamily
- Transaction Amount: $2,500,000
- Address: 670 Halsey Street
- Market: Brooklyn
- Lender: Arion Fund
- Lender Representatives: Eli Ben-Meir & Dylan Kronenberg
- Landlord: STAY BK
- Broker: Daniel Neiss - Meridian Capital Group
- Loan Type: Bridge
The key players in this deal include the representatives from Arion Fund, Eli Ben-Meir and Dylan Kronenberg, who played a significant role in the financing of the property. Additionally, the transaction was facilitated by broker Daniel Neiss from Meridian Capital Group, representing the landlord STAY BK.
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