Derby Copeland Capital Provides $3.675M Acquisition Loan For 408 West 46th Street Multifamily
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This MultiFamily property located in NY received a loan of $3,675,000 over 2 years ago.
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- Location408 West 46th Street
- Loan Value$3,675,000
- Asset TypeMultiFamily
- Parties1 Lender
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Deal Summary
LOAN
DATE: 10/01/2021
ADDRESS: 408 West 46th Street
MARKET: Hell's Kitchen
ASSET TYPE: Multifamily ~ SF: 6,190 ~ UNITS: 5
LENDER: Derby Copeland Capital - Daniel Kaufman
LANDLORD: Alex Rabin & David Gomez - Peak Capital Advisors
LOAN AMOUNT: $3,675,000
LOAN TYPE: Acquisition Loan
NOTE FROM LENDER: Derby Copeland advanced 75% of the purchase price at closing and the remaining loan balance will be used to fund the borrower’s construction. Derby Copeland Capital is a New York City based private equity firm that specializes in opportunistic real estate related debt financing and equity investments. Please send any loan and preferred equity opportunities to [email protected]
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