S3 Capital Finances $12.5M Construction Loan For 23-Unit Condo Development In Fort Greene, Brooklyn
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This Development Site property located in NY received a loan of $12,500,000 about 5 years ago. The broker of the deal was Drew De Risi
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- Location167 Willoughby Street, Fort Greene, Brooklyn, NY, USA
- Loan Value$12,500,000
- Asset TypeDevelopment Site
- Parties1 Broker
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Deal Summary
LOAN
IMAGE: Drew De Risi, Robert Schwartz and Steven Jemal
DATE: 01/03/2019
ADDRESS: 167 Willoughby Street
MARKET: Fort Greene, Brooklyn
ASSET TYPE: Development Site
LENDER: @S3Capital Partners
LANDLORD: Boomerang Development Group - Marco Auteri, Giovanni Ferrara, Daniel Pipitone
BROKER: Drew De Risi (@Dderisi)
ORIGINATOR: Steven Jemal (@sfjemal) - S3 Capital
LOAN AMOUNT: $12,500,000
LOAN TERMS: Construction Financing
SF: 30,225
UNIT: 23
NOTES: Construction financing for the development of a 23-unit condo property.
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167 Willoughby Street
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