TishmanSpeyer Secures $255.8M Construction Loan For Mixed-Use Property In Downtown Brooklyn

422 Fulton Street

Mixed-use

789,331 SF

Financed 1 year ago

Summary

Loan

NEW YORK

Mixed-use

789,331 sqft

The property involved in this transaction is a mixed-use asset located at 422 Fulton Street in Downtown Brooklyn. The transaction took place in October 2021. The property is owned by Tishman Speyer and is situated in the Downtown Brooklyn market.

Summary of transaction details:

Property Type: Mixed-use
Transaction Amount: $255,847,291
Lender: Starwood Capital Group
Landlord: Tishman Speyer

The loan provided for this transaction is a construction loan. Notable individuals involved in the deal include Jerry Speyer, Barry Sternlicht, and Rob Speyer, as shown in the accompanying image.

Details

Deal Summary

FINANCED

IMAGE: Jerry Speyer, Barry Sternlicht & Rob Speyer DATE: 10/2021 ADDRESS: 422 Fulton Street MARKET: Downtown Brooklyn ASSET TYPE: Mixed-use LENDER: Starwood Capital Group LANDLORD: @TishmanSpeyer LOAN AMOUNT: $255,847,291 LOAN TYPE: Construction loan

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Address422 Fulton Street

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