FINANCED
EMP Capital Group Secures $109M Construction Loan In Prospect Heights
1034-1042 Atlantic Avenue
MultiFamily
Financed 128 days ago
Summary
Loan
NEW YORK
MultiFamily
The multifamily property located at 1034-1042 Atlantic Avenue in Prospect Heights consists of 247 units. The loan for this asset was provided by QuadReal Property Group to EMP Capital Group. The brokers involved in this transaction from Walker & Dunlop were Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Mo Beler, Jordan Casella, and William Herring.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $109,000,000
- Loan Type: Construction
The key individuals instrumental in this deal include Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Mo Beler, Jordan Casella, and William Herring from Walker & Dunlop. These professionals played pivotal roles in facilitating the construction loan for the multifamily property in Prospect Heights.
Players
All
9
Agents
7
Agencies
1
Lenders
1
Details
FINANCED
IMAGE: Keith Kurland, Aaron Appel, Jonathan Schwartz, Adam Schwartz, Mo Beler, Jordan Casella & William Herring
DATE: 3/15/2024
ADDRESS: 1034-1042 Atlantic Avenue
MARKET: Prospect Heights
ASSET TYPE: Multifamily ~ UNITS: 247
LENDER: QuadReal Property Group
LANDLORD: EMP Capital Group
BROKERS: Keith Kurland (@KaKurland), Aaron Appel, Jonathan Schwartz (@JSchwa1386), Adam Schwartz (@AdamSchwartz88), Mo Beler (@MBeler), Jordan Casella & William Herring - Walker & Dunlop (@WalkerDunlop)
LOAN AMOUNT: $109,000,000
LOAN TYPE: ConstructionView on map
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Address1034-1042 Atlantic Avenue
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