G4 Capital Partners Provides $320 Million Loan For The Jay Group Multifamily Asset In Brooklyn

The property asset involved in this transaction is a multifamily building located at 91-97 West Street in Greenpoint, Brooklyn. This asset encompasses a total square footage of 546,840 and includes 594 units. The loan associated with the property amounts to $320,000,000, facilitating acquisition and construction activities for the landlord, The Jay Group.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $320,000,000
• Loan Type: Acquisition and Construction
• Lender: G4 Capital Partners
• Landlord: The Jay Group
• Broker: Henry Bodek - Galaxy Capital

Key individuals involved in this transaction include Marc Brooks, Kevin Wang, Owen Skrodanes, Chris Goetz, Robert Palumbo, and Adam Parks, who are associated with the transaction but are not detailed as buyers or sellers.