Chris Moench Of Directed Capital Acquires $15.5M Note From Scott W. Gray Of Beltway Capital Management

The transaction involves a note secured by a 79,352 sq. ft. industrial property located at 361 Stagg Street in East Williamsburg, Brooklyn. The sale price for the note is $15,500,000. The buyer, Directed Capital, acquired this note from the seller, Beltway Capital Management.

Summary of transaction details:

• Property Type: Note / Loan
• Transaction Amount: $15,500,000
• Buyer: Chris Moench - Directed Capital
• Seller: Scott W. Gray - Beltway Capital Management
• Address: 361 Stagg Street
• Market: East Williamsburg, Brooklyn

Directed Capital, through DCR Mortgage 11 Sub 6, LLC, completed the acquisition from Beltway Capital Management, highlighting the involvement of key industry representatives in this structured financial transaction.