Bank Hapoalim Provides $100M Construction Loan For Mixed-Use Property On Platt Street In New York City | 7 platt street 158481 | Eddie Haber, Drew Anderman | Mixed-use | Loan

Summary

Loan

NEW YORK

Mixed-use

270,000 sqft

A $100,000,000 construction loan has been provided by Bank Hapoalim (Bhi) to The Moinian Group for the property located at 7 Platt Street in New York City. The property is a mixed-use asset with a total square footage of 270,000.

Summary of transaction details

Property Type: Mixed-Use
Transaction Amount: $100,000,000
Lender: Bank Hapoalim (Bhi)
Landlord: The Moinian Group
Brokers: Drew Anderman & Eddie Haber - Meridian Capital Group

The loan from BHI will finance MSD's existing $165,000,000 construction loan commitment to The Moinian Group. Drew Anderman and Eddie Haber from Meridian Capital Group represented the parties involved in the deal.

Players

All
3

Agents
2
Agencies
1

Eddie Haber

Associate

$395M Sold

Drew Anderman

Senior Managing Director

$432M Sold

Meridian Capital Group

Details

Deal Summary

FINANCED

IMAGE: Drew Anderman & Eddie Haber DATE: 12/29/2022 ADDRESS: 7 Platt Street MARKET: New York City ASSET TYPE: Mixed-Use ~ SF: 270,000 LENDER: Bank Hapoalim (Bhi) LANDLORD: The Moinian Group (@MoinianGroup) BROKERS: Drew Anderman (@DrewAnderman) & Eddie Haber - Meridian Capital Group (@Meridian.Capital.Group) LOAN AMOUNT: $100,000,000 LOAN TYPE: Construction NOTE FROM BROKER: BHI provided a $100,000,000 A-note to finance MSD’s existing $165,000,000 construction loan commitment to The Moinian Group

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Address7 platt street 158481

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