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Simon Dushinsky's Sky Equity Group Secures $55 Million Construction Loan For Mixed-Use Asset In Kaser

Property Image
FINANCED
$55,000,000
+ 1

New York

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Mixed-use
Financed 05/14/2026
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Property Image
FINANCED

Simon Dushinsky's Sky Equity Group Secures $55 Million Construction Loan For Mixed-Use Asset In Kaser

10 Ashel Lane

See Similar Deals
Mixed-use
Financed 05/14/2026
+ 1
Contact now

Summary

NEW YORK
Asset Type:Mixed-use
Transaction Type:Loan

The property asset involved in this transaction is a mixed-use development located at 10 Ashel Lane in Kaser, comprising 92 units. The transaction is financed through a construction loan amounting to $55,000,000, provided by Dwight Mortgage Trust. The selected lender has effectively addressed the unique market dynamics associated with the property's location.

Summary of transaction details:

Key individuals in the transaction include Simon Dushinsky, representing the landlord through Sky Equity Group, and his representative, Steven Hersko of SHB Group, who noted a positive experience working with Dwight Mortgage Trust. The lender demonstrated a deep understanding of the market conditions, contributing to a smooth transaction process.

Players

SH
5 deals$266.9M volume
BROKER

10 deals$538.4M volume
LENDER


Simon Dushinsky
17 deals$1.5B volume
LANDLORD

Details

FINANCED
IMAGE: Simon Dushinsky, Steven Hersko, Dustin Braham & Katie Goldenberg DATE: 5/14/2026 ADDRESS: 10 Ashel Lane MARKET: Kaser ASSET TYPE: Mixed-use ~ UNITS: 92 LENDER: Katie Goldenberg & Dustin Braham - Dwight Mortgage Trust LANDLORD: Simon Dushinsky - Sky Equity Group LANDLORD'S REP: Steven Hersko - SHB Group LOAN AMOUNT: $55,000,000 LOAN TYPE: Construction NOTE FROM LENDER: “It was a real pleasure working with Dwight on this transaction,” said Steven Hersko. “Despite the asset being in a more challenging tertiary location, they took the time to truly understand the market dynamics and delivered competitive pricing and leverage as a result. Their professionalism and expertise made for a seamless process from start to finish.” For any financing inquiries, please contact Katie Goldenberg at [email protected].

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Deal Type
Debt Service Coverage Ratio (DSCR)

1.05x

Max Loan Amount

$55,000,000.00

Monthly NOI$366,666.67
Monthly Debt Service$347,637.41
Change in Cash Flow$0.00
Refinance Proceeds$0.00