Emerald Creek Capital Provides $13.75M Loan For East Village Development Site

A development site located at 14 2nd Avenue in the East Village has been involved in a closed property transaction involving a loan. The loan amount for this transaction was $13,750,000, with a total square footage of 22,247. The lender in this deal was Emerald Creek Capital, represented by Jeff Seidler. The landlord of the property is Station Companies, represented by Dan Vislocky. The brokers involved were Justin Piasecki and Brandon Polakoff, representing Avison Young.

Summary of transaction details

• Property Type: Development site
• Transaction Amount: $13,750,000
• Square Footage: 22,247
• Lender: Emerald Creek Capital – Jeff Seidler
• Landlord: Station Companies – Dan Vislocky
• Brokers: Justin Piasecki & Brandon Polakoff – Avison Young

Jeff Seidler represented Emerald Creek Capital as the lender in this deal, while Dan Vislocky represented Station Companies as the landlord. Justin Piasecki and Brandon Polakoff, both from Avison Young, served as the brokers for this transaction.