Fort Amsterdam Capital Provides $42M Bridge Loan For Mixed-Use Property In Tribeca
New York
See Similar DealsFort Amsterdam Capital Provides $42M Bridge Loan For Mixed-Use Property In Tribeca
88 West Broadway
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The loan, totaling $42,000,000, was provided by Fort Amsterdam Capital, represented by Evan O'Connor & David Schwartz. The loan is categorized as a bridge loan. It is collateralized by a mixed-use assemblage located at 74 Warren Street, 72 Warren Street, 80 West Broadway, and 88 West Broadway in the Tribeca neighborhood of Manhattan. The assemblage includes a development site, a mixed-use building, and residential condominiums. The loan transaction involves the 6R Capital Group as the landlord.
Summary of transaction details
- Property Type: Mixed-use
- Transaction Amount: $42,000,000
- Lender: Fort Amsterdam Capital - Evan O'Connor & David Schwartz
- Landlord: 6R Capital Group
The loan provided by Fort Amsterdam Capital, represented by Evan O'Connor & David Schwartz, is secured by the mixed-use assemblage, incorporating 74 Warren Street, 72 Warren Street, 80 West Broadway, and 88 West Broadway. This collateral encompasses a development site, a mixed-use building, and residential condominiums. The loan transaction was executed with the involvement of the 6R Capital Group as the landlord.
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