Calmwater Capital Provides $60M Loan For Williamsburg Retail Property

143-157 Roebling & 1-19 Hope Streets in Williamsburg, Brooklyn has been involved in a recent closed transaction. The property is a retail asset, and the deal took place on 09/03/2019.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $60,000,000
• Lender: Calmwater Capital
• Landlord: RedSky Capital - Ben Bernstein
• Brokers: AKS Capital Partners - Jonathan Schwartz, Aaron Appel, Keith Kurland, and Adam Schwartz

The lenders, Calmwater Capital, provided a loan of $60,000,000 for the transaction. The property was leased by RedSky Capital, represented by Ben Bernstein. AKS Capital Partners, specifically Jonathan Schwartz, Aaron Appel, Keith Kurland, and Adam Schwartz, acted as the brokers in this deal.