Signature Bank And Columbia Pacific Advisors Provide $70M Floating-Rate Loan For Development Site At 2475 Exterior Street In Bronx | 2475 Exterior Street | Signature Bank | Shlomo Weissberg | Development Site | Loan

Summary

Loan

NEW YORK

Development Site

The development site located at 2475 Exterior Street in the Bronx has been involved in a recent loan transaction. The property spans approximately 14 acres and is owned by Dynamic Star, Namdar Realty Group, and Gorjian Acquisitions.

Summary of transation details

Property Type: Development site
Transaction Amount: $70,000,000
Loan Type: Floating-rate
Loan Terms: 12-month

The loan for this transaction was provided by Signature Bank, with Ken Stagnari and Joe Fingerman representing the bank. Columbia Pacific Advisors, with Will Nelson as their representative, also participated in the loan. Shlomo Weissberg of Meridian Capital Group acted as the broker in this deal.

Players

All
3

Agents
1
Agencies
1
Lenders
1

Shlomo Weissberg

Associate

Meridian Capital Group

Signature Bank

Details

Deal Summary

FINANCED

IMAGE: Ken Stagnari, Joe Fingerman, Will Nelson & Shlomo Weissberg DATE: 09/01/2022 ADDRESS: 2475 Exterior Street MARKET: Bronx ASSET TYPE: Development site ~ ACRES: 14 LENDER: Signature Bank - Ken Stagnari & Joe Fingerman, Columbia Pacific Advisors - Will Nelson LANDLORD: Dynamic Star, Namdar Realty Group & Gorjian Acquisitions BROKER: Shlomo Weissberg - Meridian Capital Group LOAN AMOUNT: $70,000,000 LOAN TYPE: Floating-rate LOAN TERMS: 12-month

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Address2475 Exterior Street

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