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
Brooklyn MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Loan transactions
Loading comparables…
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