The asset involved in this transaction is a multifamily property comprising 2 units. The loan amount secured for the acquisition of this property is $1,500,000. The transaction took place in the Brooklyn market, with the loan characterized by a term of 18 months.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,500,000
• Loan Type: Acquisition
• Loan Terms: 18 Month
• Lender: Aryia Bala - Malve Capital

The lender, Aryia Bala of Malve Capital, facilitated this residential loan, which was executed in under a week from initial submission to funding. Malve Capital has demonstrated its expanded capabilities in the New York area, following the successful launch of a new fund, enabling them to offer competitive terms and rapid execution in the surrounding markets.