Derby Copeland Capital Provides $10.4M Acquisition Loan For Mixed-Use Property In Williamsburg
168-170 Wythe Avenue
Retail
23,500 SF
23,500 SF
Financed 44 days ago
Summary
The mixed-use property located at 168-170 Wythe Avenue in Williamsburg, Brooklyn, spans 11,750 square feet. The acquisition of this property was financed by a $10,400,000 first-priority mortgage loan secured by Derby Copeland Capital.
Summary of transaction details:
- Property Type: Mixed-use
- Transaction Amount: $10,400,000
- Address: 168-170 Wythe Avenue
- Market: Williamsburg, Brooklyn
- Lender: Derby Copeland Capital
- Landlord: Ryco Capital
- Loan Type: Acquisition
Derby Copeland Capital, a New York City-based private equity firm specializing in real estate-related debt financing and equity investments, provided the acquisition loan for the renovation of the multifamily building. The loan will support the borrower's renovation efforts, with Derby Copeland Management Group, LLC serving as the registered investment adviser. As with any investment, there are associated risks and the possibility of loss of principal capital.
Players
All
1
Lenders
1
Details
View on map
Loading...
168-170 Wythe Avenue
Comparables
Reset filters to show results.