Stuart Van Leenen Secures $3.2 Million Acquisition Loan For Brooklyn Multifamily Property

The transaction involves a MultiFamily asset located at 460 15th Street in Brooklyn. The loan amount for this acquisition transaction is $3,200,000. The involved parties include a lender and equity providers who facilitated the financing.

Summary of transaction details:

• Property Type: MultiFamily
• Transaction Amount: $3,200,000
• Lender: Bert R. Dweck - Hirshmark Capital
• Equity Provider: H Equities - Elliot Horowitz, Jay Greenberg & Conor Hussey; Z&G Property Group
• Borrower: Stuart van Leenen
• Broker: Daniel Kowalsky - HKS Real Estate Advisors
• Loan Type: Acquisition

HKS Real Estate Advisors played a crucial role in raising both the debt and equity for this transaction, securing $2,100,000 in senior debt from Hirshmark Capital and $1,100,000 in equity from H Equities and Z&G Property Group.