East End Capital, Grandview Partners, K Property Group Secure $66.7M Construction Loan For Boutique Office And Retail Building On East Houston Street
141 East Houston Street
Mixed-use
62,925 SF
62,925 SF
Financed 1 year ago
+ 2
Summary
141 East Houston Street, located in the Lower East Side, is a to-be-built boutique office and retail building. This Class A property will have a net RSF of 62,925 square feet and is situated along East Houston, a popular thoroughfare between the trendy SoHo, East Village, and Lower East Side neighborhoods.
Summary of transaction details
- Property Type: Office & Retail
- Transaction Amount: $66,700,000
- Address: 141 East Houston Street
- Market: Lower East Side
- Senior Lender: Capital Source
- Mezz Lender: Canyon Partners
- Sponsor: East End Capital, Grandview Partners, K Property Group
- Brokers: Aaron Appel, Jonathan Schwartz, Michael Diaz, Patrick Cotter
The sponsors for this project are East End Capital, Grandview Partners, and K Property Group. The brokers involved in the transaction are Aaron Appel, Jonathan Schwartz, Michael Diaz, and Patrick Cotter.
Please note that the loan for this project is a construction loan.
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5
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1
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141 East Houston Street
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