{"id":376483,"date":"2026-10-18T22:47:05","date_gmt":"2026-10-18T22:47:05","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ny\/376483\/"},"modified":"2026-10-18T22:47:05","modified_gmt":"2026-10-18T22:47:05","slug":"680-fulton-apartments","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ny\/376483\/","title":{"rendered":"680 Fulton Apartments"},"content":{"rendered":"<p>            <a href=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/10\/Untitled-September-29-2026-at-08.49.43-8-7.jpeg\" data-caption=\"\"><img loading=\"lazy\" decoding=\"async\" width=\"696\" height=\"365\" class=\"entry-thumb td-modal-image\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/10\/Untitled-September-29-2026-at-08.49.43-8-7.jpeg\" alt=\"680 Fulton Apartments\" title=\"680 Fulton Apartments\"\/><\/a><\/p>\n<p><a href=\"https:\/\/www.cbre.com\/services\/invest-finance-and-value\/capital-markets\" target=\"_blank\" rel=\"noopener nofollow\">CBRE Capital Markets<\/a> announced that it has arranged a $12 million acquisition loan for the purchase of <a href=\"https:\/\/www.zillow.com\/b\/680-fulton-st-brooklyn-ny-3htY\/\" target=\"_blank\" rel=\"noopener nofollow\">680 Fulton Street<\/a>, a mixed-use property in <a href=\"https:\/\/brooklynbridgeparents.com\/living-in-fort-greene-a-neighborhood-guide-for-families\/\" target=\"_blank\" rel=\"noopener nofollow\">Brooklyn\u2019s Fort Greene neighborhood<\/a>.<\/p>\n<p>CBRE\u2019s Debt &amp; Structured Finance team of Shamir Seidman, Judah Hammer and Jeff Feldman secured the financing on behalf of Z+G Property Group through Santander.<br \/>\u201cThis financing supports the acquisition of an excellent mixed-use asset in one of Brooklyn\u2019s most desirable residential neighborhoods,\u201d said Seidman. \u201cThe property\u2019s historic character, established retail tenancy, and strong residential appeal generated significant lender interest, resulting in an attractive financing structure for the borrower.\u201d<\/p>\n<p>The loan represents approximately 70% loan-to-value and features a five-year term with an initial period of interest-only payments.<\/p>\n<p>Known as <a href=\"https:\/\/www.apartments.com\/the-portland-brooklyn-ny\/3glq59f\/\" target=\"_blank\" rel=\"noopener nofollow\">The Portland<\/a>, 680-686 Fulton Street is a four-story, neo-Renaissance mixed-use building featuring a limestone fa\u00e7ade and dating back to approximately 1900. The property includes ground-floor retail space anchored by Greenlight Bookstore and Yours Truly stationery shop, with residential apartments above ranging from studio to two-bedroom units.<\/p>\n<p>CBRE Group, Inc. (NYSE: CBRE), a Fortune 500 and S&amp;P 500 company headquartered in Dallas, is the world\u2019s largest commercial real estate services and investment firm and a premier provider of critical infrastructure services. The company has more than 155,000 employees serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations &amp; Experience (facilities management, property management, flex space &amp; experience, critical infrastructure); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development).<\/p>\n<p><a class=\"gofollow\" data-track=\"MjQ1LDYsNjA=\" href=\"http:\/\/umadvisory.org\" target=\"_blank\" rel=\"nofollow noopener\"><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/us-ny\/wp-content\/uploads\/2026\/10\/1792363625_293_UMA-digi-ad-leaderboard.jpg\" title=\"UMAdvisory\" border=\"0px\"\/><\/a>        <\/p>\n","protected":false},"excerpt":{"rendered":"CBRE Capital Markets announced that it has arranged a $12 million acquisition loan for the purchase of 680&hellip;\n","protected":false},"author":2,"featured_media":376484,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[36],"tags":[5020,2001,98,100,4584,99,1503,22341,2006,17024,2008,9,24,63,20787,2010,2011],"class_list":["post-376483","post","type-post","status-publish","format-standard","has-post-thumbnail","category-brooklyn","tag-acquisition","tag-acquisition-financing","tag-brooklyn","tag-brooklyn-headlines","tag-brooklyn-new-york","tag-brooklyn-news","tag-cbre","tag-luxury-apartments","tag-mid-rise","tag-mixed-use","tag-multifamily","tag-new-york","tag-new-york-city","tag-nyc","tag-retail-space","tag-transit-oriented","tag-vintage-building"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/376483","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/comments?post=376483"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/posts\/376483\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media\/376484"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/media?parent=376483"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/categories?post=376483"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ny\/wp-json\/wp\/v2\/tags?post=376483"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}