The asset involved in this transaction is a multifamily property located at 219-221 South 4th Street in Brooklyn, comprising a total of 15 units. The transaction was structured as a refinance, with a loan amount of $10,050,000. The financing arrangement includes a loan term of 5 years with full term interest only payments.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $10,050,000
• Loan Type: Refinance
• Loan Terms: 5 Years, Full Term Interest Only
• Lender: Starwood Mortgage Capital
• Landlord: Hahn Nistor
• Brokers: Jake Gluck & Michael Helmreich - Fortune Capital Group

This transaction was facilitated by brokers Jake Gluck and Michael Helmreich from Fortune Capital Group, who represent the landlord in this financing deal. Jake Gluck can be contacted at (973) 713-6673 or via email at [email protected], while Michael Helmreich is available at (973) 986-5954 or [email protected] for financing inquiries.