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About
Prospect Development is involved in commercial real estate, focusing on innovative client acquisition strategies. They are expanding into industrial estate development in Thailand, indicating a growth trajectory in the real estate sector.
Top Deals
SOLD
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New York | MultiFamily | PPSF: $903
+ 8
07/26/2023
SOLD
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California | Development Site | PPSF: $163
+ 7
01/25/2022
FINANCED
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New York | MultiFamily | PPSF: $536
06/17/2019
Focus
Development Site
Loan
Markets
Headquarters
211 E 43rd Street, 7th Fl
FAQs
Prospect Development has financed 3 deals.
Prospect Development's most recent deal was on July 26, 2023.
Prospect Development's largest deals include a sale of $97,500,000.00 for 8 Marcy Ave Brooklyn, NY 11211, USA, and a loan of $62,600,000.00 for 824 Metropolitan Avenue, Brooklyn, New York 11211, United States.
Member since: October 2024
Deals
Transaction Type
Asset Type
State
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SOLD
Anthony Malkin Of Empire State Realty Trust Acquires Commercial Condo From Judy Minster For $46M
$2,149/SF
127 Kent Avenue, Brooklyn, NY
NYCRE
Apr 3, 2026
SOLD
Allan Lebovits, Joel Wertzberger, And Moishe Loketch Acquire Gowanus Development Site For $29.5M
$2,313/SF
125 3rd Street, NY
NYCRE
Sep 12, 2023
SOLD
Carlyle & ZG Property Group Acquires Multifamily Property In New York City For $97.5M
$903/SF
8 Marcy Ave Brooklyn, NY 11211, USA, New York, NY
NYCRE
Jul 26, 2023
FINANCED
Metropolitan Corner Bushwick Lender LLC Provides $62.6M Construction Loan For Development Site On Metropolitan Avenue, East Williamsburg
824 Metropolitan Avenue, Brooklyn, New York 11211, United States, New York, NY
NYCRE
Jun 6, 2022