Aryia Bala Of Malve Capital Closes $1,670,000 Bridge Loan For Brooklyn Multifamily Property

A loan was successfully closed for a multifamily investment property located in Brooklyn. This asset type encompasses 3,000 square feet and consists of 2 units. The financial aspect of the deal involved a total loan amount of $1,670,000 under a bridge loan type with terms lasting 12 months.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $1,670,000
• Lender: Aryia Bala
• Lender Agency: Malve Capital
• Loan Type: Bridge
• Loan Terms: 12 Months
• Market: Brooklyn
• Square Footage: 3,000
• Units: 2

Aryia Bala from Malve Capital facilitated the loan, and their expertise ensured the successful execution of the transaction within a tight timeframe of under 15 days. Malve Capital is noted for providing aggressive leverage and delivering reliable capital solutions tailored for New York borrowers, demonstrating their commitment to supporting active investors in the Brooklyn area.