Abe Klein Of Meridian Capital Group Secures $12.6M Acquisition Loan In Brooklyn | Abe Klein Of Meridian Capital Group Secures $12.6M Acquisition Loan In Brooklyn | Abe Klein | Office | Loan

Summary

Loan

NEW YORK

Office

25,000 sqft

The office property in Brooklyn, spanning 25,000 square feet, was involved in a recent transaction with a loan amount of $12,600,000. The financing secured was for acquisition purposes with a 10-year fixed term, 80% loan-to-cost ratio, flexible prepayment options, and a one-year interest-only period. For more information on commercial financing, interested parties can contact Abe Klein at [email protected] or (212) 612-0166.

Summary of transaction details:

Property Type: Office
Transaction Amount: $12,600,000
Market: Brooklyn
Loan Type: Acquisition
Loan Terms: 10 year fixed, 80 LTC, flexible prepay, 1 YR IO
Broker: Abe Klein - Meridian Capital Group

The transaction was facilitated by Abe Klein from Meridian Capital Group, serving as the broker representing the deal.

Players

All
2

Agents
1
Agencies
1

Abe Klein

Vice President

Meridian Capital Group

Details

Deal Summary

FINANCED

IMAGE: Abe Klein DATE: 02/14/2024 MARKET: Brooklyn ASSET TYPE: Office ~ SF: 25,000 BROKER: Abe Klein - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $12,600,000 LOAN TYPE: Acquisition LOAN TERMS: 10 year fixed, 80 LTC, flexible prepay, 1 YR IO, NOTE FROM BROKER: Reach out to Abe Klein for your commercial financing [email protected] (212)612-0166

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AddressAbe Klein Of Meridian Capital Group Secures $12.6M Acquisition Loan In Brooklyn

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