G4 Capital Partners Provides $284M Construction Loan For Mixed-Use Property In Dumbo

Olympia, located at 30 Front Street in Dumbo, has recently undergone a closed property transaction. This mixed-use asset spans a total of 498,362 square feet. The deal was finalized on November 19, 2021.

Summary of transation details

• Property Type: Mixed-use
• Transaction Amount: $284,000,000
• Address: 30 Front Street, Dumbo
• Market: Dumbo
• Lender: G4 Capital Partners - Robyn Sorid, Jason Behfarin & Robert Palumbo
• Landlord: Fortis Property Group - Jonathan Landau
• Brokers: Henry Bodek - Galaxy Capital

The lending institution, G4 Capital Partners, played a crucial role in the transaction. The loan amount for the deal was $284,000,000, categorized as a construction loan. Additionally, the Fortis Property Group, represented by Jonathan Landau, acted as the landlord in the transaction. Henry Bodek from Galaxy Capital served as the broker for this particular deal.