FBE Limited Secures $30.8M Refinance Loan In Brownsville With JLL | 9720 Kings Highway | JLL Real Estate Capital | MultiFamily | Loan

Summary

Loan

NEW YORK

MultiFamily

113,398 sqft

An elevator building with 119 residential units located at 9720 Kings Highway in Brownsville, Brooklyn, recently underwent a refinancing transaction amounting to $30,800,000. The property spans 113,398 square feet and is owned by Abraham Fruchthandler of FBE Limited.

Summary of transation details:

Property Type: Multifamily
Transaction Amount: $30,800,000
Market: Brownsville, Brooklyn
Address: 9720 Kings Highway
Units: 119
Lender: Rhonda D. Peare - JLL Real Estate Capital
Landlord: Abraham Fruchthandler - FBE Limited

FBE Limited, represented by FBE Kings Highway LLC, successfully secured the $30.8 million refinance loan from JLL for the 119-unit residential elevator building at 9720 Kings Highway in Brownsville, Brooklyn.

Players

All
1

Lenders
1

JLL Real Estate Capital

Details

Deal Summary

FINANCED

IMAGE: 02/21/2024 ADDRESS: 9720 Kings Highway MARKET: Brownsville, Brooklyn ASSET TYPE: Multifamily ~ SF: 113,398 ~ UNITS: 119 LENDER: Rhonda D. Peare - JLL Real Estate Capital LANDLORD: Abraham Fruchthandler - FBE Limited LOAN AMOUNT: $30,800,000 LOAN TYPE: Refinance NOTE: FBE Limited, represented by FBE Kings Highway LLC, secured a $30.8 million refinance loan from JLL for a 119-unit residential elevator building at 9720 Kings Highway in Brownsville, Brooklyn.

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Address9720 Kings Highway

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