The Eve

Brooklyn, NY

Multifamily Refinance

The Eve

MULTIFAMILY REFINANCE

ACRES Capital has funded a $40.75 million loan to refinance The Eve, located at 827 Sterling Place in Brooklyn, NY (the “Property”).

The Property includes:
• A newly constructed 76‑unit
• Seven‑story multifamily property
• An elevator-served community with a mix of studios, one‑ and two‑bedroom residences
• Featuring in‑unit washer/dryers, modern appliance packages, stone countertops, and hardwood flooring

Building amenities include:
• Fitness center
• Resident lounge
• Children’s playroom
• Furnished roof deck
• Bike storage
• Common laundry
• Pet washing station
• Outdoor recreational space
• On‑site garage with 45 parking spaces

$41 Million

Loan Amount

Refinance

Loan Product

“The Eve exemplifies the type of thoughtfully designed, community-focused developments that ACRES is proud to finance. We look forward to seeing this project contribute to the vibrancy and housing diversity of Crown Heights.”

- Mark Fogel

ACRES President and CEO

RELATED TRANSACTIONS

The Congress

MULTIFAMILY REFINANCE

Gateway Lofts

STUDENT HOUSING - ACQUISITION

The Eden

MULTIFAMILY REFINANCE

Construction • Bridge • Permanent

GLBA Privacy Notice | Privacy Policy | Terms of Service | Registered SEC Investment Adviser

ACRES Capital, LLC (“ACRES”) is an SEC-registered investment adviser with an office in Uniondale, New York. ACRES and its representatives are in compliance with the current registration and notice filing requirements imposed upon SEC-registered investment advisers by those states in which ACRES maintains clients. SEC registration is not an endorsement of the firm by the Commission and does not mean that the adviser has attained a specific level of skill or ability.