Hudson Companies has secured a $28.3 million refinancing deal for House No. 94, a 75-unit mixed-income residential building located at 94 North 3rd Street in North Williamsburg, Brooklyn. The property is a multifamily asset with 75 units, offering a range of housing options.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $28,300,000
• Address: 94 North 3rd Street
• Market: North Williamsburg, Brooklyn
• Lender: Heather Lavallee - Voya Financial
• Landlord: Hudson Companies
• Brokers: Brett Siegel (BSieges), Daniel Fromm & David Behin - Newmark

The three-year, interest-only loan was provided by Heather Lavallee from Voya Financial. This refinancing deal will allow Hudson Companies to alleviate financial burdens and continue managing House No. 94, providing quality housing options for residents in North Williamsburg, Brooklyn.