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Brokerage
Posted: January 28, 2025
Cohen of Leviathan Capital arranges $1.15 million acquisition and construction loan
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Brooklyn, NY According to Leviathan Capital, Peter Cohen successfully arranged a $1.15 million acquisition and construction loan for a 2-family property located in the Bedford-Stuyvesant neighborhood.
Cohen was able to secure aggressive proceeds which consisted of 90% of the Purchase Price and 100% of construction proceeds.
The loan featured a 10.99% rate, interest-only for a 12-month term.
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