Sage Usher Of Ushjo Provides $3.2M Construction Loan For Development Site In Brooklyn

The property asset involved in the transaction is located at 172 North 6th Street, Brooklyn. This development site has an area of 4,045 square feet with a building square footage of 4,045. The loan amount secured for the asset totals $3,200,000, structured as a construction loan.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $3,200,000
• Address: 172 North 6th Street
• Market: Brooklyn
• Asset Square Footage: 4,045 SF
• Building Square Footage: 4,045 BSF
• Lender: Sage Usher - Ushjo
• Landlord: Rawad Halloway
• Broker Representatives: Michael Helmreich & Jake Gluck - Fortune Capital Group
• Loan Type: Construction

The key individuals involved in this transaction include the lender Sage Usher, who represents Ushjo, and the landlord Rawad Halloway. The brokerage services were provided by Michael Helmreich and Jake Gluck from Fortune Capital Group, who acted as the broker representatives in the deal.