Mack Real Estate Credit Strategies Provides $450M Loan For Condo At 108 Leonard In Tribeca | 108 Leonard Street | Mack Real Estate Group | Keith Kurland, Adam Schwartz, Aaron Appel, Jonathan Schwartz | Condo | Loan

Summary

Loan

NEW YORK

Condo

400,000 sqft

108 Leonard, a condominium property located in Tribeca, has recently secured a loan worth $450,000,000. The property spans a total area of 400,000 square feet and is owned by El Ad Group and the Peebles Organization. The loan was provided by Mack Real Estate Credit Strategies.

Summary of transaction details:

Property Type: Condo
Transaction Amount: $450,000,000
Address: 108 Leonard, Tribeca
Market: Tribeca
Landlord: El Ad Group and the Peebles Organization
Lender: Mack Real Estate Credit Strategies

The deal was facilitated by brokers from AKS Capital Partners, including Aaron Appel, Keith Kurland, Jonathan Schwartz, and Adam Schwartz.

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Players

All
6

Agents
4
Agencies
1
Lenders
1

Keith Kurland

Senior Managing Director

$226.7M Sold

Adam Schwartz

Senior Managing Director

$226.7M Sold

Aaron Appel

Senior Managing Director

$266M Sold

Jonathan Schwartz

Principal

$230M Sold

Details

Deal Summary

FINANCED

IMAGE: Jonathan Schwartz, Aaron Appel, Keith Kurland, Adam Schwartz, Don Peebles, Isaac Tshuva, Richard Mack DATE: 09/11/2019 ADDRESS: @108_Leonard MARKET: Tribeca ASSET TYPE: Condo LENDER: Mack Real Estate Credit Strategies LANDLORD: El Ad Group and the Peebles Organization BROKERS: AKS Capital Partners - Aaron Appel, Keith Kurland, Jonathan Schwartz and Adam Schwartz LOAN AMOUNT: $450,000,000 SF: 400,000

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Address108 Leonard Street

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