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

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:

• Property Type: Mixed-use
• Transaction Amount: $55,000,000
• Lender: Katie Goldenberg & Dustin Braham - Dwight Mortgage Trust
• Landlord: Simon Dushinsky - Sky Equity Group
• Landlord's Representative: Steven Hersko - SHB Group
• Loan Type: Construction

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.