MSD Partners LP Provides $165M Bridge Loan For Development Site In Long Island City | 44-02 Vernon Boulevard | James Murad, Adam Hakim | Development Site | Loan

Summary

Loan

NEW YORK

Development Site

1,200,000 sqft

A development site located at 44-02 Vernon Boulevard in Long Island City has been involved in a closed transaction, as reported on Instagram. This development site spans an area of 1,200,000 square feet and is situated in the Long Island City market.

Summary of Transaction Details:

Property Type: Development Site
Transaction Amount: $165,000,000
Date: 03/05/2022

The loan for this transaction was provided by MSD Partners LP, and the loan type is Bridge. The brokers involved in this deal are Adam Hakim & James Murad from Meridian Capital Group.

Adam Hakim & James Murad from Meridian Capital Group represented the parties involved in this transaction as the brokers.

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Players

All
3

Agents
2
Agencies
1

James Murad

Senior Vice President

Adam Hakim

Senior Managing Director

Details

Deal Summary

FINANCED

IMAGE: Adam Hakim & James Murad DATE: 03/05/2022 ADDRESS: 44-02 Vernon Boulevard MARKET: Long Island City ASSET TYPE: Development Site ~ SF: 1,200,000 LENDER: MSD Partners LP BROKERS: Adam Hakim & James Murad - Meridian Capital Group LOAN AMOUNT: $165,000,000 LOAN TYPE: Bridge

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Address44-02 Vernon Boulevard

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