FINANCED
Vadem Brodsky Secures $7.2M Loan From Lancewood Capital For Brooklyn Heights Development Site
297 Hicks Street
Development Site
Financed 277 days ago
Summary
Loan
NEW YORK
Development Site
A development project at 297 Hicks Street in Brooklyn Heights has secured a $7.2 million loan from Lancewood Capital, LLC. The property is a development site with a total buildable square footage of 10,655, located in the thriving market of Brooklyn Heights, Brooklyn.
Summary of transaction details
- Property Type: Development Site
- Transaction Amount: $7,200,000
- Address: 297 Hicks Street
- Market: Brooklyn Heights, Brooklyn
- Buildable Square Footage: 10,655
Vadem Brodsky, operating as 297 Ventures LLC, serves as the landlord for this development project. Lancewood Capital, LLC, is the lender providing the $7.2 million loan for the project. This financing will support the development and construction activities at 297 Hicks Street.
Players
All
1
Lenders
1
Details
FINANCED
IMAGE: 08/03/2023
ADDRESS: 297 Hicks Street
MARKET: Brooklyn Heights, Brooklyn
ASSET TYPE: Development Site ~ BSF: 10,655
LENDER: Lancewood Capital
LANDLORD: Vadem Brodsky
LOAN AMOUNT: $7,200,000
NOTE: Vadem Brodsky, operating as 297 Ventures LLC, secured a $7.2 million loan from Lancewood Capital, LLC for a development project at 297 Hicks Street in Brooklyn Heights.View on map
Loading...
Address297 Hicks Street
Comparables
Reset filters to show results.