Jeremy Levart Of Oak Funding & Adam Ehrenreich Of OakNorth Bank Provide $15,500,000 Acquisition Loan For Development Site In Brooklyn

The asset involved in this transaction is a development site located at 21 Wythe Avenue in Brooklyn. The loan provided for this development site amounted to $15,500,000 and is classified as an acquisition loan.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $15,500,000
• Lender: Jeremy Levart - Oak Funding
• Lender: Adam Ehrenreich - OakNorth Bank
• Loan Type: Acquisition

This transaction features notable individuals from the lending institutions involved. Jeremy Levart represents Oak Funding, while Adam Ehrenreich is affiliated with OakNorth Bank, both of whom played significant roles in securing the financing for this acquisition loan.