Project Overview
Project Overview
Project Overview
Location
828 Metropolitan Avenue, Williamsburg, Brooklyn, NY
Location
828 Metropolitan Avenue, Williamsburg, Brooklyn, NY
Location
828 Metropolitan Avenue, Williamsburg, Brooklyn, NY
Number of Units
136 residential units across 8 stories
Number of Units
136 residential units across 8 stories
Number of Units
136 residential units across 8 stories
Budget
$88,000,000
Budget
$88,000,000
Budget
$88,000,000
Asset Tyoe
Multifamily with Ground-Floor Retail
Asset Type
Multifamily with Ground-Floor Retail
Asset Tyoe
Multifamily with Ground-Floor Retail
Transaction Challenges:
The refinancing occurred during a period of elevated market volatility and constrained liquidity, with tightening underwriting standards across the board. Securing favorable terms for a recently completed asset required navigating lender caution, aligning underwriting expectations, and preserving maximum proceeds and flexibility. Lenders were highly selective, demanding robust fundamentals and strong borrower profiles to proceed with transactions.
Transaction Challenges:
The refinancing occurred during a period of elevated market volatility and constrained liquidity, with tightening underwriting standards across the board. Securing favorable terms for a recently completed asset required navigating lender caution, aligning underwriting expectations, and preserving maximum proceeds and flexibility. Lenders were highly selective, demanding robust fundamentals and strong borrower profiles to proceed with transactions.
Transaction Challenges:
The refinancing occurred during a period of elevated market volatility and constrained liquidity, with tightening underwriting standards across the board. Securing favorable terms for a recently completed asset required navigating lender caution, aligning underwriting expectations, and preserving maximum proceeds and flexibility. Lenders were highly selective, demanding robust fundamentals and strong borrower profiles to proceed with transactions.
ArrowREA Solution:
Arrow Real Estate Advisors leveraged strong capital markets relationships and real-time lender engagement to secure $88 million in refinancing. By structuring the deal around the lender’s evolving credit parameters and highlighting the strength of the asset and sponsorship group, Arrow ensured successful execution and attractive terms, delivering value and stability for the ownership group in a challenging lending environment.
ArrowREA Solution:
Arrow Real Estate Advisors leveraged strong capital markets relationships and real-time lender engagement to secure $88 million in refinancing. By structuring the deal around the lender’s evolving credit parameters and highlighting the strength of the asset and sponsorship group, Arrow ensured successful execution and attractive terms, delivering value and stability for the ownership group in a challenging lending environment.
ArrowREA Solution:
Arrow Real Estate Advisors leveraged strong capital markets relationships and real-time lender engagement to secure $88 million in refinancing. By structuring the deal around the lender’s evolving credit parameters and highlighting the strength of the asset and sponsorship group, Arrow ensured successful execution and attractive terms, delivering value and stability for the ownership group in a challenging lending environment.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.