Bank Hapoalim Loans $36.2M For Development Site At 134 Vanderbilt Avenue, Fort Greene, Brooklyn

A development site located at 134 Vanderbilt Avenue in Fort Greene, Brooklyn has recently undergone a closed transaction. The property, situated in the Fort Greene market, has attracted attention due to its potential for development.

Summary of transaction details

• Property Type: Development Site
• Address: 134 Vanderbilt Avenue
• Market: Fort Greene, Brooklyn
• Lender: Bank Hapoalim
• Brokers: Adam Hakim, James Murad, & David Baker - Meridian Capital Group
• Loan Amount: $36,240,000
• Loan Type: Construction

The financing for the transaction was provided by Bank Hapoalim. Representing the parties involved in the deal were Adam Hakim, James Murad, and David Baker from Meridian Capital Group. Their expertise and negotiation skills played a crucial role in securing the loan for the development site.