Saul P. Grosman Secures $12M Construction Loan From Owemanco Mortgage Holding Corporation For Mill Basin Office Buildings

Saul P. Grosman has secured a $12 million construction loan from Owemanco Mortgage Holding Corporation for two properties located at 2150 Mill Avenue in Mill Basin, Brooklyn. The properties involved in this transaction are office buildings with a total square footage of 113,963.

Summary of Transaction Details:

• Property Type: Office
• Transaction Amount: $12,000,000
• Address: 2150 Mill Avenue, Mill Basin, Brooklyn
• Market: Mill Basin, Brooklyn
• Lender: Owemanco Mortgage Holding Corporation
• Landlord: Saul P. Grosman

Owemanco Mortgage Holding Corporation, led by Saul P. Grosman as the landlord, has provided the construction loan amount of $12 million for the development of the office properties located at 2150 Mill Avenue in Mill Basin, Brooklyn. This loan will support the construction and enhancement of these buildings, allowing for potential growth and expansion in the Mill Basin market.