YNS Management Secures $63M Loan From Security Benefit Life For Dev Site In Mott Haven, Bronx

The development site located at 336 Grand Concourse in Mott Haven, Bronx, has been involved in a recent closed property transaction. The property is a development site with a building square footage (BSF) of 178,246. The transaction took place on 06/10/2021, with the following individuals and companies involved:

Summary of transaction details

• Property Type: Development Site
• Transaction Amount: $63,000,000
• Address: 336 Grand Concourse, Mott Haven, Bronx
• Market: Mott Haven, Bronx
• Lender: Security Benefit Life - Daniel Ridlof
• Landlord: YNS Management - Simon Kaufman
• Broker: Elya Kahn - Greenrock Funding

Security Benefit Life, represented by Daniel Ridlof, provided a loan in the amount of $63,000,000 for the property transaction. YNS Management, represented by Simon Kaufman, acted as the landlord in the deal. Greenrock Funding, represented by Elya Kahn, served as the broker for the transaction.