Peak Capital signs $10.5M refi loan with Walker & Dunlop for rental in Park Slope

Peak Capital Advisors through the entity 96 Sterling LLC as borrower signed a refi loan with lender Walker & Dunlop valued at $10.5 million for the 25-unit rental (C1) at 96 Sterling Place in Park Slope, Brooklyn.
The deal closed on August 20, 2021 and was recorded on August 26, 2021.
The property has 18,020 square feet of built space and 0 square feet of additional air rights for a total buildable of 10,000 square feet according to PincusCo analysis of city data. The loan price per built square foot is $582 per the PincusCo analysis. (The price per square foot analysis is the transaction price divided by square feet as reported in public records and assumes no air rights have been sold.)
The owner bought the property on 20-Dec-19, for $10.4 million.
The signatory for Peak Capital Advisors was David Gomez.
Over the past five years, there have been 5 NYC Department of Buildings permit applications filed for this parcel valued at more than $20,000. There were 5 renovation/alteration projects (A2) applied for with a total estimated value of $974,600.
David Gomez is co-founder and principal of Peak Capital Advisors.
The owners according to the Department of Housing Preservation and Development includes Joshua Greenberg, head officer and Frederick Rudd, officer. The business entity is 96 Sterling Llc.

Within a 400-foot radius of 96 Sterling Place, PincusCo identified two commercial real estate items of interests occurred over the past 24 months.
They were all for building rehabilitation or alteration that require a change to the certificate of occupancy. They were one permit applications with a total initial cost of $576,800.0 and one permit with a total initial cost of $742,500.0. The most recent of these two items was the filing on March 24, 2021 for a 6,592-square-foot R-2 building with four residential units at 123 6th Avenue.

Direct link to Acris document. link