NorthMarq Capital Long Island arranges $4,080,000 refinance of Brighton Underground Garages in Brooklyn, New York
LONG ISLAND (May 4, 2018) – Charles Cotsalas, senior vice president/senior director of NorthMarq Capital’s Long Island regional office, and Robert Delitsky, senior vice president/managing director of NorthMarq Capital’s New York City office, negotiated the $4,080,000 refinance Brighton Underground Garages, a 524 unit complex located at 90 Oceana Drive West and 95 Ocean Drive East in Brooklyn, New York. The transaction was structured with a 10-year term. NorthMarq arranged financing for the borrower through its relationship with a regional bank.
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