RXR Realty Secures $62M Building Loan From Bank OZK In Brooklyn | 722 & 730 Court Street | Bank OZK | Industrial | Loan

Summary

Loan

NEW YORK

Industrial

An industrial project located at 722 & 730 Court Street in Brooklyn recently received a $62 million building loan from Bank OZK. The property is owned by Scott Rechler of RXR Realty.

Summary of transaction details:

Property Type: Industrial
Transaction Amount: $62,000,000
Asset Type: Industrial
Address: 722 & 730 Court Street
Market: Brooklyn
Lender: Bank OZK
Landlord: Scott Rechler - RXR Realty

This financing represents another collaboration between Bank OZK and RXR Realty, showcasing their continued partnership in supporting various projects by RXR Realty. Notably, previous collaborations have included financing for a recent acquisition on the Gowanus waterfront and a logistics center in Queens.

Players

All
1

Lenders
1

Bank OZK

Details

Deal Summary

FINANCED

IMAGE: Scott Rechler DATE: 04/23/2024 ADDRESS: 722 & 730 Court Street MARKET: Brooklyn ASSET TYPE: Industrial LENDER: Bank OZK (@BankOZK) LANDLORD: Scott Rechler - RXR Realty LOAN AMOUNT: $62,000,000 NOTE: RXR Realty received a $62 million building loan from Bank OZK for an industrial project in Red Hook, Brooklyn. This financing marks another collaboration between the two entities, following previous support for RXR's projects, including a recent acquisition on the Gowanus waterfront and a logistics center in Queens.

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Address722 & 730 Court Street

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