Goodman Capital Provides $4.53 Million Loan To Landlord Frank Rio For Development Site In Brooklyn

The property asset involved is a development site located at 52-4th Avenue in Brooklyn. The site encompasses a building square footage of 61,898 and total square footage of 7,284. The loan amount provided for this asset is $4,530,000 with a loan type classified as a note on note.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $4,530,000
• Address: 52-4th Avenue
• Market: Brooklyn
• Building Square Footage: 61,898
• Total Square Footage: 7,284
• Lender: Goodman Capital
• Lender's Representative: Eric Goodman
• Landlord: Frank Rio

The deal involves Goodman Capital, represented by Eric Goodman, who facilitated the financing for this development site. The transaction's landlord is Frank Rio, who plays a key role in the leasing or management of the property.