Lonicera Partners Secures $70M Construction Loan For Development Site In Downtown Brooklyn
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This Development Site property located in NY received a loan of $70,000,000 almost 5 years ago. The brokers of the deal were Keith Kurland and Jonathan Schwartz
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- Location308 Livingston St, Brooklyn, NY 11217, USA
- Loan Value$70,000,000
- Asset TypeDevelopment Site
- Parties2 Brokers, 1 Agency, 1 Lender
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Deal Summary
LOAN
IMAGE: Jonathan Schwartz and Keith Kurland
DATE: 06/03/2019
ADDRESS: 308 Livingston Street
MARKET: Downtown Brooklyn
ASSET TYPE: Development Site
LENDER: SantanderBankUS, and @CityNationalBank
LANDLORD: Lonicera Partners
BROKERS: @JLL_NY_CapitalMarkets Jonathan Schwartz and Keith Kurland
LOAN AMOUNT: $70,000,000
LOAN TYPE: Construction loan
SF: 151,000
PLANS: 23-story, boutique mixed-use building.
residential building in Downtown Brooklyn.
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308 Livingston Street
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