BTD & MSD Partners Provide Pre Development Debt And Equity For 250 Water Street Development Site

The asset involved in this transaction is a development site located at 250 Water Street in the Seaport market of Manhattan. The property encompasses a square footage of 490,372. The transaction involves pre-development debt and equity capitalization, arranged by BTD and MSD Partners.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: Not specified
• Address: 250 Water Street
• Market: Seaport, Manhattan
• Asset Square Footage: 490,372
• Lender/Equity: BTD & MSD Partners; Jeff Goldberger – Atlas Capital Group
• Landlord: Nicholas Silvers & Colin Rankowitz – Tavros
• Brokers: Christopher Peck, Nicco Lupo & Peter Rotchford - JLL
• Loan Type: Pre development debt and equity capitalization

The deal features notable individuals such as Jeff Goldberger representing Atlas Capital Group, who facilitated the lending and equity aspect of the transaction. The landlords, Nicholas Silvers and Colin Rankowitz, are with Tavros, highlighting their role in the property ownership. The brokers involved in the transaction are Christopher Peck, Nicco Lupo, and Peter Rotchford from JLL, who managed the brokerage functions for this deal.