RedSky Capital Secures $221.8M Loan For Williamsburg Retail Portfolio With Lender JPMorgan

RedSky Capital, a landlord and developer, recently closed a retail transaction in the Williamsburg neighborhood of Brooklyn. The property, located at 92-94 N 6th, 96-98 N 6th, 100-104 N 6th, 108-112 N 6th, 204-206 Bedford, 132 Bedford, 124-136 N 6th, and 184-192 Bedford, attracted a loan amount of $221,800,000. The deal was facilitated by JLL, with Jonathan Schwartz and Aaron Appel acting as representatives.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $221,800,000
• Address: 92-94 N 6th, 96-98 N 6th, 100-104 N 6th, 108-112 N 6th, 204-206 Bedford, 132 Bedford, 124-136 N 6th, and 184-192 Bedford
• Market: Williamsburg, Brooklyn
• Landlord/Developer: RedSky Capital
• Lender: JPMorgan
• Broker: JLL – Jonathan Schwartz & Aaron Appel

In this transaction, RedSky Capital secured a loan of $221,800,000 from JPMorgan for their retail property located in Williamsburg, Brooklyn. The property encompasses multiple addresses, including 92-94 N 6th, 96-98 N 6th, 100-104 N 6th, 108-112 N 6th, 204-206 Bedford, 132 Bedford, 124-136 N 6th, and 184-192 Bedford. The deal was successfully arranged by Jonathan Schwartz and Aaron Appel from JLL.