Beitel Group's Ben Beitel Secures $305 Million Construction Loan For Development Site In Bronx

The asset involved in the transaction is a development site located at 355 Exterior Street in the Bronx. The site has a buildable square footage of 515,000 and is part of a construction loan valued at $305,000,000.

Summary of transation details:

• Property Type: Development Site
• Transaction Amount: $305,000,000
• Market: Bronx
• Asset Type: Development Site
• Loan Type: Construction
• Lender: Martin Nissbaum & Daniel Ridloff - Slate / Scale
• Landlord: Ben Beitel - Beitel Group
• Broker: Leah Paskus & Pinchus Vogal - Landstone Capital Group

The key individuals involved in this transaction include Martin Nissbaum and Daniel Ridloff, who represent the lending entity Slate / Scale. Ben Beitel is identified as the landlord from Beitel Group, while Leah Paskus and Pinchus Vogal represent the transaction through Landstone Capital Group.