Aview Equties Secures $29M Construction Loan For Development Site On Livingston St., Downtown Brooklyn

Located in Downtown Brooklyn, a development site at 291 Livingston Street has recently closed in a transaction. The property, spanning an area of 60,000 square feet, was acquired by an undisclosed buyer. The deal involved a construction loan of $29,000,000 provided by Acres, a lending institution. The landlord of the site is Aview Equties. Emenual Westfried from an undisclosed agency represented the buyer as their broker in this transaction.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $29,000,000
• Address: 291 Livingston Street
• Market: Downtown Brooklyn
• Lender: Acres
• Landlord: Aview Equties
• Broker: Emenual Westfried
• Loan Type: Construction loan
• BSF: 60,000

This transaction involved various key individuals and companies. The buyer, whose identity remains undisclosed, enlisted the representation of Emenual Westfried from an undisclosed agency as their broker. The lending institution, Acres, provided a construction loan of $29,000,000. Aview Equties acted as the landlord in this deal.