FINANCED
Metlife Provides $45M Loan For 126-Unit Multi Family Property In Brooklyn
33 Caton Place
MultiFamily
120,689 SF
120,689 SF
Summary
Loan
NEW YORK
MultiFamily
120,689 sqft
The multi-family property located at 33 Caton Place in Brooklyn has recently undergone a financial transaction. The property comprises 126 units and is owned by The Dermot Company. The loan for this transaction was provided by Metlife, amounting to $45,000,000.
Summary of transaction details
- Property Type: Multi Family
- Transaction Amount: $45,000,000
- Address: 33 Caton Place, Brooklyn
- Market: Brooklyn
- Units: 126
- Lender: Metlife
- Landlord: The Dermot Company
The deal was facilitated by several brokers, including David Krantz and Paul Leibowitz from Savills Studley who arranged the equity and co-brokered the debt. They were joined by Steven Klein and Geoff Goldstein from HFF. Representing the seller were Andrew Scandalios, Jeffrey Julien, and Rob Hinckley, also from HFF.
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Details
FINANCED
IMAGE: Paul Leibowitz, Geoff Goldstein, David Krantz , & Steven Klein
DATE: 10/29/2018
ADDRESS: 33 Caton Place
MARKET: Brooklyn
ASSET TYPE: Multi Family
UNITS: 126
LENDER: Metlife
LANDLORD: The Dermot Company
BROKERS: Savills Studley’s David Krantz and Paul Leibowitz arranged the equity and co-brokered the debt alongside HFF’s Steven Klein and Geoff Goldstein. HFF’s Andrew Scandalios, Jeffrey Julien and Rob Hinckley represented the seller.
LOAN AMOUNT: $45,000,000View on map
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Address33 Caton Place
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