Brandon Miller And Ted Robottom Of Real Estate Equities Corp Acquire Development Site In Chelsea, New York. Loan Amount $14M

The development site located at 118 10th Avenue in Chelsea, New York has recently undergone a closed property transaction. The property is owned by Real Estate Equities Corp (REEC), represented by Brandon Miller and Mark Seigel. The total loan amount for this transaction is $14 million, provided by ROC Capital, with Arvind Raghunathan as the lender. The loan is structured as a bridge loan with interest-only terms.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $14 million
• Address: 118 10th Avenue, Chelsea, New York
• Market: Chelsea, New York
• Lender: ROC Capital
• Lender Representative: Arvind Raghunathan
• Landlord: Real Estate Equities Corp (REEC)
• Landlord Representatives: Brandon Miller & Mark Seigel

In addition, the deal involves the following individuals: Brandon Miller, Ted Robottom from Real Estate Equities Corp, and Ranajoy Sarkar from ROC Capital. The transaction took place on October 2, 2018.