L3 Capital Secures $30M Mortgage For Retail Sites In Brooklyn

A Chicago-based firm, L3 Capital, has secured a $30 million mortgage from Ladder Capital Corp. for four sites located at 81, 85, 89, and 91 N. Sixth St. in Williamsburg, Brooklyn.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $30,000,000
• Address: 81, 85, 89 & 91 North 6th Street
• Market: Brooklyn
• Lender: Domenic Lanni - L3 Capital
• Landlord: Brian Harris - Ladder Capital Corp

The loan was facilitated by Domenic Lanni from L3 Capital representing the borrower, while Brian Harris from Ladder Capital Corp acted as the landlord in the transaction.