FINANCED
Vision Development Secures $2M Mezzanine Loan For Brooklyn Property With Gideon Asset Management
705-707 Willoughby Avenue, Brooklyn, NY
Development Site
21,000 SF
21,000 SF
Financed 1 year ago
Summary
Loan
NEW YORK
Development Site
21,000 sqft
The property at 705-707 Willoughby Avenue, Brooklyn, NY, was involved in a mezzanine loan transaction on February 13, 2018. The loan, with a value of $2,000,000, was provided by Gideon Asset Management. The total building square footage, including the basement, is 21,000 sf.
Summary of transaction details
- Property Type: Mezzanine Loan
- Transaction Amount: $2,000,000
- Address: 705-707 Willoughby Avenue, Brooklyn, NY
Gideon Asset Management, represented by Gabriel Shehaber, Isaac Klein, and Josef Chehebar, acted as the lender in this deal. Boruch Mandel and Mark Rosenzweig of Eastern Equity Advisors served as the brokers during the transaction.
Players
Details
FINANCED
IMAGE: SWIPE FOR RENDERING Gabriel Shehaber, Aziz Syed @aziz_syed , Isaac Klein and Josef (‘JoJo’) Chehebar
DATE: 02/13/18
TYPE: Mezzanine Loan
ADDRESS: 705-707 Willoughby Avenue, Brooklyn, NY
LANDLORD: Vision Development
LENDER: Gideon Asset Management @gideonasset - Gabriel Shehaber, Isaac Klein and Josef (‘JoJo’) Chehebar
BROKER: Boruch Mandel & Mark Rosenzweig of Eastern Equity Advisors
AMOUNT: $2,000,000
BSF: 21,000 sf (including basement)View on map
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Address705-707 Willoughby Avenue, Brooklyn, NY
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