Jay Group Secures $300 Million Bridge Loan From Len O'Donnell Of Affinius Capital In Brooklyn

The asset involved in this transaction is a development site located at 102 Fleet Place in Brooklyn. The property is associated with a substantial loan amount of $300 million, indicating significant investment and confidence in the site's development potential.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $300,000,000
• Lender: Len O'Donnell - Affinius Capital
• Landlord: Jay Group
• Broker: Galaxy Capital
• Loan Type: Bridge Loan
• Date of Transaction: 03/20/2026

This transaction involves key players such as Len O'Donnell representing Affinius Capital, who provided the bridge loan to Jay Group, the landlord. Galaxy Capital acted as the broker facilitating this refinancing deal, which is secured by five development parcels in Downtown Brooklyn.