Cohen of Leviathan Capital arranges $1.15 million acquisition and construction loan

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.