Wolf Perl's 20-Unit Development Site Secures $8.1M Construction Loan In Brooklyn | 949-951 Bedford Avenue | S3 Capital | Development Site | Loan

Summary

Loan

NEW YORK

Development Site

Located at 949-951 Bedford Avenue in Bedford Stuyvesant, Brooklyn, the development site spans 15,127 square feet and consists of 20 units. Wolf Perl secured an $8.1 million construction loan from S3 Capital for this project.

Summary of transaction details:

Property Type: Development Site
Transaction Amount: $8,100,000
Market: Bedford Stuyvesant, Brooklyn
Lender: Joshua Crane - S3 Capital
Landlord: Wolf Perl
Loan Type: Construction

Wolf Perl, represented by the entity 951 Bedford LLC, successfully secured the $8.1 million construction loan from S3 Capital for the 20-unit project at 949-951 Bedford Avenue in Bedford Stuyvesant. Joshua Crane from S3 Capital facilitated the loan on behalf of the lender.

Players

All
1

Lenders
1

S3 Capital

Details

Deal Summary

FINANCED

IMAGE: 02/23/2024 ADDRESS: 949-951 Bedford Avenue MARKET: Bedford Stuyvesant, Brooklyn ASSET TYPE: Development Site ~ BSF: 15,127 ~ UNITS: 20 LENDER: Joshua Crane - S3 Capital (@S3Capital) LANDLORD: Wolf Perl LOAN AMOUNT: $8,100,000 LOAN TYPE: Construction NOTE: Wolf Perl, represented by the entity 951 Bedford LLC, secured an $8.1 million new construction loan from S3 Capital for a 20-unit project at 949-951 Bedford Avenue in Bedford Stuyvesant, Brooklyn.

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Address949-951 Bedford Avenue

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