JEMB Realty And CanAm Capital Partners Secure $135M Construction Loan For Development Site In Windsor Terrace, Brooklyn | 312 Coney Island Avenue & 11 Ocean Parkway | Wells Fargo | Development Site | Loan

Summary

Loan

NEW YORK

Development Site

The development site located at 312 Coney Island Avenue, 11 Ocean Parkway in Windsor Terrace has undergone a closed transaction. The property is a development site with a total of 350 units. The transaction was completed on 08/03/2022. The loan for this transaction was provided by Wells Fargo, in the amount of $135,000,000. The loan type for this transaction was construction.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $135,000,000
Address: 312 Coney Island Avenue, 11 Ocean Parkway
Market: Windsor Terrace
Units: 350

The landlord involved in this transaction is JEMB Realty, represented by Morris Jerome and CanAm Capital Partners. They played a crucial role in facilitating this closed deal.

Players

All
1

Lenders
1

Wells Fargo

Details

Deal Summary

FINANCED

IMAGE: Morris Jerome DATE: 08/03/2022 ADDRESS: 312 Coney Island Avenue, 11 Ocean Parkway MARKET: Windsor Terrace ASSET TYPE: Development Site ~ UNITS: 350 LENDER: Wells Fargo (@WellsFargo) LANDLORD: JEMB Realty - Morris Jerome & CanAm Capital Partners LOAN AMOUNT: $135,000,000 LOAN TYPE: Construction

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Address312 Coney Island Avenue & 11 Ocean Parkway

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