Alex Piroozian Of Washington Equity & Funding Corp Provides $1.35M Loan Acquisition In Brooklyn

The asset involved in this transaction is a multifamily property located in Brooklyn, featuring a total square footage of 2,256 and comprising 2 units. The loan amount secured for this acquisition is $1,350,000. The loan type is specifically intended for acquisition purposes and is structured with a term of 12 months.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,350,000
• Loan Type: Acquisition
• Loan Terms: 12 months
• Lender: Alex Piroozian - Washington Equity & Funding Corp

Alex Piroozian is noted for serving the Private Real Estate Investment Community for over 25 years, offering direct private lending services including fix and flip loans and DSCR loans. The lender provides comprehensive in-house services, ensuring a streamlined loan approval process and quick closing times.