David Gomez Secures $7.35M Loan For Retail Space In Soho - Nolita Submarket

The loan for the property located at 39 Spring Street in New York's Soho - Nolita Submarket was recently closed. The landlord and developer of the property is David Gomez. The lender for the loan is Savoy Bank, represented by Mac Wilcox. The mortgage broker involved in the deal is Daniel Hilpert from Equicap. The loan amount for the transaction is $7,350,000. The retail unit in the property was recently leased by acclaimed Paris eyewear company Vaurnet and fitness studio Soho Strength Lab. Isaacs and Company represented the landlord.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $7,350,000
• Date: 06/06/2018
• Address: 39 Spring Street
• City: New York
• Market: Soho - Nolita Submarket
• Landlord/Developer: David Gomez
• Lender: Savoy Bank - Mac Wilcox
• Mortgage Broker: Daniel Hilpert - Equicap

Mac Wilcox represented Savoy Bank as the lender in this transaction. Daniel Hilpert, from Equicap, acted as the mortgage broker in the deal. The property was leased by Vaurnet, a Paris eyewear company, and Soho Strength Lab, a fitness studio, with representation from Isaacs and Company.