Zions Bank Provides $101.9M Construction Loan For School In Riverdale

2720 Jerome Avenue

Other

19,000 SF

Financed 1 year ago

Summary

Loan

NEW YORK

Other

19,000 sqft

A construction loan has been secured for a school property located at 2720 Jerome Avenue in Riverdale. The school has a total area of 19,000 square feet.

Summary of transaction details

Property Type: School
Transaction Amount: $101,915,000
Lender: Zions Bank
Landlord: KIPP NYC
Loan Type: Construction

Zions Bank will be providing the loan for the construction project. KIPP NYC, the landlord, will oversee the development of the school.

Players

All
1

Lenders
1

Zions Bank

Details

Deal Summary

FINANCED

IMAGE: 08/01/2021 ADDRESS: 2720 Jerome Avenue MARKET: Riverdale ASSET TYPE: School ~ SF: 19,000 LENDER: Zions Bank LANDLORD: KIPP NYC LOAN AMOUNT: $101,915,000 LOAN TYPE: Construction

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Address2720 Jerome Avenue

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