Joshua Brown Rayshaun Addison And Kempthon Mcintosh Secure $2.06M Construction Loan In Brooklyn

The property asset involved in this transaction is a mixed-use development located at 1662 Broadway in Brooklyn. This asset encompasses a total of 5,600 square feet and consists of 3 units. The loan amount secured for the project is $2,063,750, designated as a construction loan.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $2,063,750
• Address: 1662 Broadway
• Market: Brooklyn
• Asset Size: 5,600 SF
• Units: 3
• Lender: Archwest Capital
• Landlord: Joshua Brown, Rayshaun Addison & Kempthon Mcintosh
• Broker: Daniel Hyde - Pushing Forward Development
• Landlord's Attorney: Christopher Malone - Castello+ Malone

Key individuals involved in this transaction include Joshua Brown, Rayshaun Addison, and Kempthon Mcintosh as the landlords, with Daniel Hyde representing Pushing Forward Development as the broker. The project is supported by the General Contractor K.W. Mcintosh Construction Corp. Noteworthy contributions have been acknowledged from Christopher Calabrese and the legal counsel Castello & Malone.