Kriss Capital Provides $185M Loan For 135 East 47th Street Condo Inventory

The property involved in the transaction is a Condo located at 135 East 47th Street in Turtle Bay, Manhattan. The asset comprises 191 units with a total square footage of 187,329.

Summary of transation details:

• Property Type: Condo
• Transaction Amount: $185,000,000
• Market: Turtle Bay, Manhattan
• Lender: Kriss Capital
• Landlord: Navigation Capital
• Broker: Scott Aiese - JLL
• Loan Type: Condo Inventory Financing

The deal's key individuals and companies involved in this transaction include Scott Aiese from JLL who represented the interested parties in securing the $185,000,000 loan from Kriss Capital for the Condo property in Turtle Bay, Manhattan. Navigation Capital acted as the landlord in this financing deal.