Shawn Safdie Of S3 Capital Provides $23 Million Construction Loan For Brooklyn Multifamily Property

The transaction involves a multifamily asset located in the Brooklyn market, intended for construction financing. The loan amount is noted at $23,000,000, facilitating the development of the property.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $23,000,000
• Lender: Shawn Safdie - S3 Capital
• Broker: Alan Friedman - Meridian Capital Group
• Loan Type: Construction
• Date: 03/18/2025

The individuals involved in this transaction include Shawn Safdie representing S3 Capital, who is providing the construction loan, and Alan Friedman of Meridian Capital Group, serving as the broker for this deal. For financing solutions, Alan Friedman can be contacted at [email protected] or by phone at 212 612 0253 and 347 512 4069.