Haussmann Development Secures $38.5M Construction Loan For Multifamily Property In Crown Heights, Brooklyn

The Haussmann Development has secured a construction loan for a multifamily property located at 827 Sterling Place in Crown Heights, Brooklyn. The loan, provided by Urban Standard Capital, amounts to $38,500,000. The property is situated in a vibrant market, offering a desirable location for residents.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $38,500,000
• Address: 827 Sterling Place, Crown Heights, Brooklyn
• Landlord: Haussmann Development
• Lender: Urban Standard Capital
• Loan Type: Construction

This loan transaction involved the collaboration of key individuals, including Sam Hollander, Charlie Brosens, Bean, Seth Weissman, and Harris Pergament. Sam Hollander and Charlie Brosens can be contacted for new debt opportunities at [email protected] and [email protected], respectively.