Bogopa Enterprises And Shorewood Real Estate Group Refinance Development Site In Mott Haven For $28.5M

A development site located at 350 Grand Concourse in Mott Haven, Bronx, has a building square footage of 187,222. The recent refinancing of this property was facilitated through a loan amount of $28,500,000.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $28,500,000
• Loan Type: Refinance
• Lender: PCCP
• Landlord: Bogopa Enterprises & Shorewood Real Estate Group

The refinancing transaction involved Bogopa Enterprises and Shorewood Real Estate Group, who replaced their prior debt of $20,000,000 with the new loan from PCCP. This strategic move underscores their commitment to the property development market in the Mott Haven area.