The asset involved in the transaction is a development site located at 19 Clay Street & 29 Clay Street in Greenpoint, Brooklyn. The site has a total square footage of 14,000 and is designed for a mixed-use project that includes residential and retail components.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $60,700,000
• Lender: OakNorth Bank
• Landlord: Koby Telyas & Idan Shitrit - Investmates Real Estate & Development
• Loan Type: Construction
• Market: Greenpoint, Brooklyn
• Additional Development Details: Part of an $81M construction loan from S3 Capital for a 68-unit condo including 14,000 sq ft of ground-floor retail and amenities like a rooftop, fitness center, and outdoor spaces.

The key individuals involved in the transaction are Koby Telyas and Idan Shitrit, representing Investmates Real Estate & Development. They are responsible for the development project at the specified address, working alongside OakNorth Bank, which provided the significant construction loan to support the initiative.