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Red Fox Capital Provides $17M Loan For Multifamily Property In Brooklyn

619 Throop Avenue
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This MultiFamily property located in NY received a loan of $17,000,000 over 3 years ago. The brokers of the deal were Jonathan More, Lexington Henn, and Steven Buchwald

A multifamily property located at 619 Throop Avenue in Brooklyn has been involved in a recent loan transaction. The loan was provided by Red Fox Capital in the amount of $17,000,000. The loan term is set for 24 months.

Summary of transation details

  • Property Type: Multifamily
  • Transaction Amount: $17,000,000
  • Address: 619 Throop Avenue, Brooklyn
  • Market: Brooklyn

The property is owned by Rivington Company, represented by Travis Stabler and Alejandra Rincon. The brokers involved in the transaction were Jonathan More, Lexington Henn, and Steve Buchwald.

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Deals
  • Location
    619 Throop Avenue, Brooklyn, NY 11216619 Throop Avenue, Brooklyn, NY 11216
  • Loan Value
    $17,000,000$17,000,000
  • Asset Type
    MultiFamilyMultiFamily
  • Parties
    3 Brokers, 2 Agencies, 1 Lender3 Brokers, 2 Agencies, 1 Lender

Agents

Steven Buchwald

Steven Buchwald

Deals18
Financed$804.4M

Jonathan More

Jonathan More

Deals8
Financed$171.7M

Agencies

Mission Capital

Mission Capital

Agency
Deals12
Volume$601.8M

Institutional Property Advisors

Institutional Property Advisors

Agency
Deals519
Volume$16.9B

Red Fox Capital

Red Fox Capital

Lender
Deals1
Volume$ 1.4B

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Deal Summary

LOAN IMAGE: Jonathan More, Lexington Henn & Steve Buchwald DATE: 06/30/2021 ADDRESS: 619 Throop Avenue MARKET: Brooklyn ASSET TYPE: Multifamily LENDER: Red Fox Capital LANDLORD: Rivington Company - Travis Stabler and Alejandra Rincon BROKERS: Jonathan More (@Jonny_More), Lexington Henn (@Mission.Capital) & Steve Buchwald LOAN AMOUNT: $17,000,000 LOAN TERM: 24 months

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619 Throop Avenue

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