GDS Brightstar Provides $210M Condo Inventory Loan For 1 Clinton Street In Brooklyn Heights

Located at 1 Clinton Street in Brooklyn Heights, this condo in the market was involved in a recent closed transaction. The property is owned by Hudson Companies, represented by David Kramer, and features a total of square footage. The deal was facilitated by brokers Adam Hakim, James Murad, and Andrew Iadeluca from Meridian Capital Group. The transaction took place in July 2021.

Summary of transaction details

• Property Type: Condo
• Transaction Amount: $210,000,000
• Lender: GDS Brightstar
• Landlord: Hudson Companies - David Kramer
• Brokers: Adam Hakim, James Murad & Andrew Iadeluca - Meridian Capital Group
• Loan Type: Condo Inventory Loan

The key individuals involved in this deal include Adam Hakim, James Murad, and Andrew Iadeluca from Meridian Capital Group, who represented the buyers and sellers. The lenders, GDS Brightstar, provided a condo inventory loan to facilitate the transaction. This closed transaction marks an important milestone in the real estate market in Brooklyn Heights.