Morris Betesh & Omar Ferreira Of Arrow Real Estate Advisors Secure $105M Construction Loan In Brooklyn

The property asset involved in this transaction is a multifamily building located at Fleet Place in Brooklyn, comprising a total of 99 units. The loan amount secured for this construction project is $105,000,000, supported by lenders Bank Hapoalim and Israel Discount Bank.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $105,000,000
• Address: Fleet Place
• Market: Brooklyn
• Units: 99
• Lenders: Bank Hapoalim & Israel Discount Bank
• Landlord's Representative: Morris Betesh & Omar Ferreira - Arrow Real Estate Advisors

Morris Betesh and Omar Ferreira represent the landlord in this significant transaction, facilitating the loan arrangement crucial for the construction of this multifamily asset. Both representatives are associated with Arrow Real Estate Advisors, contributing their expertise to the deal.