9720 Kings Hwy

FBE Limited secured a $30.8 million refinance loan from JLL Real Estate Capital, LLC for their 119-unit residential elevator building at 9720 Kings Highway in Brownsville, Brooklyn. The property spans 113,398 square feet with a market value of $13.1 million. Previously purchased for $21.4 million on November 9, 2015, it was financed by Santander Bank with an original loan of $16 million.