G4 Capital Partners Provides $38M Construction Loan For Mixed-Use Property In SoHo, Manhattan

182 Spring Street, New York City, New York 10012, United States

$38,000,000

Building Size

—

Asset Type

Mixed-use

Closing

Sep 13, 2022

AI

A mixed-use property located at 182-186 Spring Street in SoHo, Manhattan has been involved in a recent closed transaction. The property is known for its prime location in the vibrant neighborhood of SoHo. The transaction took place on September 14, 2022, and the property is owned by SK Development, represented by Scott Shnay from CB Developers & Madison Realty Capital.

Summary of transaction details

Property Type: Mixed-use
Transaction Amount: $38,000,000
Lender: G4 Capital Partners
Landlord: SK Development - Scott Shnay, CB Developers & Madison Realty Capital
Date: September 14, 2022

G4 Capital Partners provided a construction loan amounting to $38,000,000 for the development of the property. The loan type was specifically arranged for construction purposes, contributing to the enhancement and potential expansion of the mixed-use asset at 182-186 Spring Street.

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