FINANCED
Chaim Drizin & Robert Fireworker Secure $55M Popular Bank Loan For Crown Heights Development
Crown Street Crown Heights, Brooklyn
Development Site
Financed 263 days ago
Summary
Loan
NEW YORK
Development Site
600 Crown Holdings LLC, operated by Chaim Drizin and Robert Fireworker, has secured a $55 million loan from Popular Bank for the development of a 94-unit project located at 600 Crown Street in Crown Heights, Brooklyn. The loan, which was finalized on July 31, 2023, is designated for the construction of the development site, which spans a total of 96,120 square feet.
Summary of Transaction Details
- Property Type: Development Site
- Loan Amount: $48,416,286
- Loan Type: Construction
- Address: Crown Street
- Market: Crown Heights, Brooklyn
- Lender: Popular Bank
- Landlord: Chaim Drizin & Robert Fireworker
The loan, provided by Popular Bank, will support the development of a 94-unit project located at 600 Crown Street in Crown Heights, Brooklyn. Chaim Drizin and Robert Fireworker, through their entity 600 Crown Holdings LLC, have secured the $55 million loan for the construction of the development site.
Players
All
1
Lenders
1
Details
FINANCED
IMAGE: 07/31/2023
ADDRESS: Crown Street
MARKET: Crown Heights, Brooklyn
ASSET TYPE: Development Site ~ BSF: 96,120
LENDER: Popular Bank
LANDLORD: Chaim Drizin & Robert Fireworker
LOAN AMOUNT: $48,416,286
LOAN TYPE: Construction
NOTE: Chaim Drizin and Robert Fireworker, operating through 600 Crown Holdings LLC, have secured a $55 million loan from Popular Bank for a 94-unit project located at 600 Crown Street in Crown Heights, Brooklyn.View on map
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AddressCrown Street Crown Heights, Brooklyn
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