Bushwick

Bushwick

Location:

New York

Location:

New York

Area:

770,000 Sq. Ft.

Area:

770,000 Sq. Ft.

Year:

2021 - Closed by the principals of ArrowREA

Year:

2021 - Closed by the principals of ArrowREA

Type:

Residential

Type:

Residential

Tall modern skyscraper with vertical lines, viewed against a clear blue sky.

Project Overview

Project Overview

Project Overview

Location

Brooklyn, NY

Location

Brooklyn, NY

Number of Units

911 Units

Number of Units

911 Units

Loan Amount

$506,000,000 sale | $367,500,000 financing

Loan Amount

$506,000,000 sale | $367,500,000 financing

Asset Type

Multifamily

Asset Type

Multifamily

Transaction Challenges:

» Asset with complex legal history » Largest single asset multifamily sale since 2019 » Brooklyn leasing market in flux post-pandemic

Transaction Challenges:

» Asset with complex legal history » Largest single asset multifamily sale since 2019 » Brooklyn leasing market in flux post-pandemic

ArrowREA Solution:

» Our team was able to make a market for the credit and quickly secure favorably priced financing that aligns with the new owner’s vision and plan for the property.

ArrowREA Solution:

» Our team was able to make a market for the credit and quickly secure favorably priced financing that aligns with the new owner’s vision and plan for the property.

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.