Capstone Equities & BH3 Fund Advisors Secure $208 Million Construction Loan From Northwind Group For 141 Willoughby Street

The property asset involved in this transaction is a mixed-use building located at 141 Willoughby Street in Brooklyn. It features a total of 239 residential units and encompasses approximately 125,000 square feet of commercial space. The loan amount secured for this construction project is $208,000,000.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $208,000,000
• Address: 141 Willoughby Street
• Market: Brooklyn
• Units: 239
• Commercial Square Footage: 125,000
• Lender: Northwind Group
• Borrower: Capstone Equities & BH3 Fund Advisors
• Advisors: Rob Turner, Grant Frankel, Ethan Pond, Drew Ahlers & Matthew Safford - Eastdil Secured Savills
• Loan Type: Construction

The deal features prominent individuals from Eastdil Secured Savills as key advisors, including Rob Turner, Grant Frankel, Ethan Pond, Drew Ahlers, and Matthew Safford. Their involvement underscores the strategic collaboration between the borrower, Capstone Equities & BH3 Fund Advisors, and the lender, Northwind Group, in securing the financing necessary for this mixed-use development.