Bank OZK Provides $61M Loan For Alloy Development's Dumbo Condo Project | 168 Plymouth Street | Bank OZK | Peter (Pete) Rotchford, Kristen Knapp, Christopher (Chris) Peck | Loan

Summary

Loan

NEW YORK

2,067 sqft

A $61 million loan has been secured for a condominium in Dumbo, Brooklyn. The property is located at 168 Plymouth St. and consists of 46 units. Alloy Development, the landlord, has acquired the loan from Bank OZK.

Summary of transaction details:

Property Type: Condo
Transaction Amount: $61 million
Address: 168 Plymouth St.
Market: Dumbo, Brooklyn
Landlord: Alloy Development
Loan Lender: Bank OZK
BROKERS: Kristen Knapp, Peter Rotchford & Christopher Peck - HFF
Units: 46

Kristen Knapp, Peter Rotchford, and Christopher Peck from HFF acted as brokers in the deal.

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Players

All
5

Agents
3
Agencies
1
Lenders
1

Peter (Pete) Rotchford

Senior Director

$217.7M Sold

Kristen Knapp

Vice President, Debt and Structured Finance

Christopher (Chris) Peck

Senior Managing Director

$146.1M Sold

Details

Deal Summary

FINANCED

IMAGE: Kristen Knapp, Peter Rotchford & Christopher Peck DATE: 03/07/2019 ADDRESS: 168 Plymouth St. MARKET: Dumbo, BK ASSET TYPE: Condo LENDER: Bank OZK LANDLORD: Alloy Development BROKERS: Kristen Knapp, Peter Rotchford & Christopher Peck - HFF LOAN AMOUNT: $61M UNITS: 46

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Address168 Plymouth Street

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