Levon Capital Provides $84M Acquisition Loan To David Tabak For Development Site In Brooklyn

The property asset involved in this transaction is a development site located at 563 Sackett Street in Brooklyn. It has an approximate building square footage of 230,000. The loan amount for this acquisition is $84,000,000, with a loan term of 3 years.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $84,000,000
• Loan Type: Acquisition
• Loan Terms: 3 years
• Lender: Levon Capital
• Landlord: David Tabak
• Market: Brooklyn

The key individuals involved in this transaction include David Tabak, acting as the landlord, and Levon Capital, serving as the lender for the acquisition loan.