Prosper Property Group Obtains $9,750,000 Acquisition Loan From Edgewood Capital Advisors & WoodEdge Capital

The property asset involved in this transaction is a mixed-use building located at 1276 Lexington Avenue in the Upper East Side market. The asset encompasses a building square footage (BSF) of 35,500 and a rentable square footage (SF) of 16,295. The loan amount secured for this acquisition was $9,750,000.

This transaction involved key individuals including Damien Smith, Eddie Bender, Dylan Kane, Zach Redding, Mike Galante, Alexander Colaitis, and Josh Goldstern, showcasing a collaborative effort between various parties in the lending and brokerage sectors to facilitate this acquisition.