Pro H Development Secures $76.7 Million Construction Loan From Urban Standard Capital For Development Site
New York
See Similar DealsPro H Development Secures $76.7 Million Construction Loan From Urban Standard Capital For Development Site
842 Sixth Avenue
See Similar DealsSummary
The property asset involved is a development site located at 842 Sixth Avenue in NoMad, Manhattan, with a total buildable square footage of 114,523. The loan for this project is a construction type, amounting to $76,700,000.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $76,700,000
- Address: 842 Sixth Avenue
- Market: NoMad, Manhattan
- Asset Type: Development Site
- Buildable Square Footage: 114,523
- Lender: Urban Standard Capital
- Landlord: Pro H Development
- Landlord's Representatives: James Murad, Adam Hakim, Michael Winter, Xander Korolik & Evan Brudnicki - Ripco
The transaction features involvement from Urban Standard Capital as the lender and Pro H Development as the landlord. The representatives for the landlord in this deal include six distinct individuals from Ripco, ensuring a comprehensive approach to the representation of the landlord's interests.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want