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18mm – BK -Multifamily

Brooklyn, NY

Transaction Summary

$18,296,000

  • Area Brooklyn, NY
  • Property Type Multifamily
  • Loan Type Specialty Finance Refinance

Sponsor was able to refinance and buyout their partners interest.  We were able to secure a 30 year amortized loan with a 10 year term at 5.52% with 3 years of interest only payments. The transaction closed within 30 days.

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