The asset involved in this transaction is a multifamily property located at 94-196 Avenue A & 503-505 East 12th Street in the East Village market. The amount for the recapitalization is $22,000,000. This transaction marks the second collaboration between Hamilton Lane and Dalan Real Estate for this type of financial restructuring, along with being their fifth property recapitalization overall.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $22,000,000
• Address: 94-196 Avenue A & 503-505 East 12th Street
• Market: East Village
• Asset Type: Multifamily
• Parties Involved: Hamilton Lane, Avenue Realty Capital & Dalan Real Estate
• Deal Representatives: Daniel Wrublin, James Glassman & Ryan Weinerman
• Transaction Structure: Recapitalization

The transaction was facilitated by representatives from Hamilton Lane, Avenue Realty Capital, and Dalan Real Estate. This deal involves notable individuals such as Daniel Wrublin, James Glassman, and Ryan Weinerman, who collectively represent their respective parties in this recapitalization effort.