Shawn Safdie Of S3 Capital Provides $3,600,000 Renovation Loan For Brooklyn MultiFamily Building

The property involved in this transaction is a multifamily asset located in Brooklyn, encompassing a total square footage of 6,547 and comprising 4 units. The loan amount secured for this renovation project is $3,600,000, focused on transforming an existing building into a 4-unit condo building.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $3,600,000
• Market: Brooklyn
• Lender: Shawn Safdie - S3 Capital
• Loan Type: Renovation
• Units: 4
• Asset Size: 6,547 SF

Shawn Safdie from S3 Capital facilitated the financing for this renovation project. S3 Capital is recognized as a leading capital provider that specializes in multifamily transactions, with particular expertise in loans exceeding $1 million across various markets, from New York to Texas. This deal highlights their capability in financing multifamily developments.