Ciampa Organization Secures $16.5M Construction Loan From Popular Bank | 183-3 Hillside Avenue | Popular Bank | Development Site | Loan

Summary

Loan

NEW YORK

Development Site

The development site located at 183-03 Hillside Avenue in Jamaica Estates, Queens, with a buildable square footage of 39,597 square feet, was the subject of a $16.5 million construction loan provided by Popular Bank to Ciampa Organization, represented by 18303hillsideave LLC.

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $16,500,000
Asset Type: Development Site
Address: 183-03 Hillside Avenue
Market: Jamaica Estates, Queens
Lender: Popular Bank
Landlord: Joseph G. Ciampa - Ciampa Organization

The Ciampa Organization, represented by 18303hillsideave LLC, successfully secured the $16.5 million construction loan from Popular Bank for the development project at 183-03 Hillside Avenue in Jamaica Estates, Queens.

Players

All
1

Lenders
1

Popular Bank

Details

Deal Summary

FINANCED

IMAGE: 02/21/2024 ADDRESS: 183-03 Hillside Avenue MARKET: Jamaica Estates, Queens ASSET TYPE: Development Site ~ BSF: 39,597 LENDER: Popular Bank (@PopularBank) LANDLORD: Joseph G. Ciampa - Ciampa Organization LOAN AMOUNT: $16,500,000 LOAN TYPE: Construction NOTE: Ciampa Organization, represented by 18303hillsideave LLC, secured a $16.5 million construction loan from Popular Bank for the development project at 183-03 Hillside Avenue in Jamaica Estates, Queens.

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Address183-3 Hillside Avenue

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