Investmates Receives $81 Million Construction Loan From Shawn Safdie For Development Site In Brooklyn

A development site located at 29 Clay Street in Brooklyn has been involved in a loan transaction. The property features a total building size of 117,000 square feet and is categorized under the asset type of development site.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $81,000,000
• Lender: Shawn Safdie
• Landlord: Investmates - Koby Telyas & Idan Shitrit
• Attorney: Simon Malinowski, Esq.
• Loan Type: Construction
• Loan Terms: 2 years

The individuals involved in the transaction include the lenders and representatives of the landlord. Koby Telyas and Idan Shitrit represent Investmates in this deal, highlighting their role as key stakeholders. The legal representation for this transaction is provided by attorney Simon Malinowski, Esq.