Derby Copeland Capital Closes $8 Million Acquisition Loan For Multifamily Property In East Village

The asset involved in this transaction is a multifamily property located at 515 East 12th Street within the East Village. The transaction involves an acquisition loan amount of $8,000,000.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $8,000,000
• Lender: Derby Copeland Capital
• Landlord: Kings Capital
• Broker: Farrukh Hasanov - F2H Capital Group
• Loan Type: Acquisition

This transaction showcases Derby Copeland Capital's focus on opportunistic real estate-related debt financing and equity investments, emphasizing their role as a private equity firm based in New York City. The registered investment adviser designation of Derby Copeland Management Group, LLC highlights the firm's commitment to providing investment information, although it does not imply expertise or skill.