Leeboy Group Secures $12 Million Construction Loan From Crowdfunz Capital For Development Site In Brooklyn

The property asset involved in the transaction is a development site located at 6418 8th Avenue in Brooklyn. It has a building square footage of 49,200 and a total square footage of 8,000. The loan amount secured for this asset is $12,000,000, structured as a construction loan with a term of 3 years.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $12,000,000
• Address: 6418 8th Avenue
• Market: Brooklyn
• Lender: Crowdfunz Capital LLC
• Landlord: Leeboy Group
• Lender's Attorney: Jing an - Altman & An LLP
• Loan Type: Construction Loan
• Loan Terms: 3 years

The key individuals and companies involved in this transaction include the lender Crowdfunz Capital LLC, represented by attorney Jing an from Altman & An LLP. The landlord is Leeboy Group, indicating the stakeholders involved in the development site financing.