FINANCED
Helaba Provides $79M Construction Loan For Multifamily Property In Downtown Brooklyn
111 Willoughby Street
MultiFamily
123,165 SF
123,165 SF
Financed 1 year ago
Summary
Loan
NEW YORK
MultiFamily
123,165 sqft
The Roman Catholic Church of St. Boniface has secured a construction loan of $79,000,000 for a multifamily property located at 111 Willoughby Street in Downtown Brooklyn. The property has a total square footage of 123,165 and consists of 227 units. Helaba will act as the lender for this transaction.
Summary of transation details
- Property Type: Multifamily
- Transaction Amount: $79,000,000
- Address: 111 Willoughby Street
- Market: Downtown Brooklyn
- Square Footage: 123,165
- Units: 227
Geoff Goldstein and Max Herzog from JLL represented the Roman Catholic Church of St. Boniface in this deal. They acted as the brokers for the transaction. Additional details about the individuals or companies involved in the deal were not provided.
Players
All
3
Agents
2
Agencies
1
Details
FINANCED
IMAGE: Max Herzog, Andrew Scandalios, Geoff Goldstein, Lester Petracca, Michael Flanagan & Richard Lavrich
DATE: 03/01/2022
ADDRESS: 111 Willoughby Street
MARKET: Downtown Brooklyn
ASSET TYPE: Multifamily ~ SF: 123,165 ~ UNITS: 227
LENDER: Helaba
LANDLORD: Roman Catholic Church of St. Boniface
BROKERS: Geoff Goldstein & Max Herzog - JLL
LOAN AMOUNT: $79,000,000
LOAN TYPE: Construction Loan
LOAN TERMS: $79,000,000 LoanView on map
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Address111 Willoughby Street
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