This transaction involves a multifamily asset located in Brooklyn, with a loan amount of $28,800,000 for refinance. The loan features terms from CUNA Mutual Group (TruStage Financial Group), structured as a life company loan with a duration of 5 years, a loan-to-value ratio of 55%, and a full term interest-only payment at a rate of 5.51%.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $28,800,000
• Lender: CUNA Mutual Group (TruStage Financial Group)
• Landlord: Aaron Naiman
• Loan Type: Refinance
• Loan Terms: Life Co - 5 Years, 55% LTV Full Term IO 5.51% Rate
• Brokers: Michael Helmreich & Jake Gluck - Fortune Capital Group

The deal was facilitated by brokers Michael Helmreich and Jake Gluck of Fortune Capital Group, representing the landlord, Aaron Naiman. For financing inquiries, Michael Helmreich can be reached at 973-986-5954 or via email at [email protected].