KMR Equity Partners Acquires Multifamily Property In Park Slope For $12M

Located in Park Slope, the multifamily property at 862 Union Street recently changed hands in a closed transaction. The property, spanning 35,328 square feet, features a total of 49 units. The deal was financed by First Republic Bank with a loan amount of $12,000,000. The landlord of the property is KMR Equity Partners, represented by Kamran Yaghoubzadeh.

Summary of transation details

• Property Type: Multifamily
• Transaction Amount: $12,000,000
• Address: 862 Union Street
• Market: Park Slope

Kamran Yaghoubzadeh of KMR Equity Partners played a key role in the transaction as the landlord representative. The involvement of First Republic Bank as the lender further solidifies the successful completion of this multifamily property deal.