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Loan · MultiFamily

Updated Sep 4, 2026

Aryia Bala Of Malve Capital Closes $1,711,250 Purchase And Construction Loan In Brooklyn
FINANCEDMultiFamily

Aryia Bala Of Malve Capital Closes $1,711,250 Purchase And Construction Loan In Brooklyn

$1,711,250

$594/SF

Building Size

2,880 SF

Asset Type

MultiFamily

Closing

Jul 24, 2026

About this deal

AI

A multi-family property located in Brooklyn, New York, encompasses 2,880 square feet and features 2 units. The asset is backed by a bridge loan total of $1,711,250 designated for both purchase and construction purposes.

Summary of transaction details:

  • Property Type: MultiFamily
  • Transaction Amount: $1,711,250
  • Lender: Aryia Bala - Malve Capital
  • Loan Amount: $1,711,250
  • Loan Type: Bridge
  • Loan Term: 12 Months
  • ARV: $2,580,000
  • LTARV: 66.33%
  • Construction Budget: $550,000
  • Market: Brooklyn
  • Date: 07/24/2026

The loan facility was arranged through Aryia Bala of Malve Capital, who emphasizes swift execution in financing real estate ventures. The closing of this transaction was achieved in just 10 business days from submission, demonstrating the lender's commitment to efficiency in the Brooklyn real estate market.

Players

Aryia Bala

Malve Capital

Lender

$26.1M

vol

18 deals

Lender
Bilt advertisement

Market MultiFamily Market Snapshot

Boundary boundary · MultiFamily · Loan transactions

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Deal FAQ

About $594 per square foot on a published $1.7M for 2,880 square feet (2026).

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

9.27%

Cash-on-Cash

-2.65%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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