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781 Metropolitan Avenue

Adam America Real Estate Secures $35.3 Million Refinance Loan From Community Preservation Corporation
FINANCEDMultiFamily

Adam America Real Estate Secures $35.3 Million Refinance Loan From Community Preservation Corporation

781 Metropolitan Avenue

$35,300,000

Building Size

Asset Type

MultiFamily

Closing

Dec 23, 2025

AI

The property is a multifamily asset located at 781 Metropolitan Avenue in Brooklyn. The loan amount for this property transaction is $35,300,000, and it is a refinance type of loan.

Summary of transaction details:

  • Property Type: Multifamily
  • Transaction Amount: $35,300,000
  • Lender: Community Preservation Corporation (CPC)
  • Landlord: Adam America Real Estate
  • Landlord's Representative: Morris Betesh, Eliott Zeitoune & Louis Halperin - Arrow Real Estate Advisors
  • Date of Transaction: 12/24/2025

The key individuals involved in this transaction include the lender, Community Preservation Corporation (CPC), and the landlord, Adam America Real Estate, represented by Morris Betesh, Eliott Zeitoune, and Louis Halperin from Arrow Real Estate Advisors.

Players

Morris Betesh

Arrow Real Estate Advisors

Broker

$12.4B

vol

214 deals

Broker
Arrow Real Estate Advisors
Arrow Real Estate AdvisorsBrokerage
Community Preservation Corporation (CPC)
Community Preservation Corporation (CPC)Lender

Brooklyn MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.45%

Cash-on-Cash

-0.13%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93