Flatiron Real Estate Advisors Secures $34.8 Million Refinance Loan From Bank Of Montreal

The asset involved in the transaction is a multifamily property portfolio located in Williamsburg, Brooklyn. The transaction is a refinance, with a total loan amount of $34,800,000 provided by the Bank of Montreal.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $34,800,000
• Lender: Bank of Montreal
• Landlord: Flatiron Real Estate Advisors
• Landlord's Representative: Morris Betesh & Omar Ferreira - Arrow Real Estate Advisors
• Transaction Date: 5/1/2025
• Market: Brooklyn

Morris Betesh and Omar Ferreira serve as the representatives for the landlord, Flatiron Real Estate Advisors, and are associated with Arrow Real Estate Advisors. This transaction highlights the involvement of key individuals in facilitating property financial activities in the multifamily sector.