Prosper Property Group Secures $31.2M Acquisition Loan For Office Asset In Brooklyn
New York
See Similar DealsProsper Property Group Secures $31.2M Acquisition Loan For Office Asset In Brooklyn
57 Willoughby Street
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The property asset involved in this transaction is an office located at 57 Willoughby Street in Brooklyn, comprising a total square footage of 125,000. The loan amount secured for this acquisition is $31,200,000.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $31,200,000
- Address: 57 Willoughby Street
- Market: Brooklyn
- Lender: Argentic Investment Management - Loren Berger
- Landlord: Prosper Property Group - Damien Smith & Eddie Bender, Zuccarello Companies - Peter Zuccarello & GRA Equities - Gary Romaniello
- Brokers: Aaron Niedermayer, Steven Klein & Ethan Stanton - JLL
- Loan Type: Acquisition
The deal involves key representatives including Loren Berger of Argentic Investment Management as the lender. The landlords are represented by Damien Smith and Eddie Bender from Prosper Property Group, Peter Zuccarello from Zuccarello Companies, and Gary Romaniello from GRA Equities. The brokerage team from JLL, consisting of Aaron Niedermayer, Steven Klein, and Ethan Stanton, facilitated the transaction.
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