Brookyln, NY According to Refined CRE, senior capital advisor, Peter Cohen, has secured construction financing of $4 million for a property.
Demonstrating both efficiency and expertise, the entire transaction was concluded within an impressive three weeks. The deal was accentuated by a competitive interest rate and a favorable 30-month term, underscoring the commitment and value we bring to every client.
New York tri-state multifamily investors are increasingly reallocating capital to less-regulated markets across the U.S. as rent control and legislative risk erode returns at home. With over 60% of New York City’s rental housing stock classified as rent-stabilized, the traditional value-add model — buying under-performing buildings,