Cory Halpert Of Edge Realty Advisors Represents Landlord In $10.73M Loan For Development Site In Bronx

The asset involved in this transaction is a development site located at 2218 Jerome Avenue in the Bronx. The property encompasses a total square footage of 29,600 and involves a loan amount of $10,730,000 for construction purposes. The loan is structured for a duration of 24 months.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $10,730,000
• Address: 2218 Jerome Avenue
• Market: Bronx
• Lender: Tommy Tran - OakNorth Bank
• Landlord's Representative: Cory Halpert - Edge Realty Advisors
• Loan Type: Construction
• Loan Terms: 24 Months

This transaction features key individuals, including Tommy Tran from OakNorth Bank, who served as the lender facilitating the loan, and Cory Halpert from Edge Realty Advisors, representing the landlord in this deal.