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L3 Capital's Williamsburg Retail Portfolio Secures $90.5M Loan From Ladder Capital

81-83 North, 6th Street, 85-87 North, 6th Street, 89 North, 6th Street, 91 North, 6th Street, 111 North, 6th Street, 113 North, 6th Street, 115 North, 6th Street, 108 North, 7th Street, 104-106 North, 7th Street, 168-170 Wythe Avenue, 129-133 Kent Avenue
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This Retail property located in NY received a loan of $90,500,000 over 4 years ago. The brokers of the deal were Rob Rizzi and Geoff Goldstein

Located in the Williamsburg neighborhood of Brooklyn, the retail property at 81-83 N. 6th Street, 85-87 N. 6th Street, 89 N. 6th Street, 91 N. 6th Street, 111 N. 6th Street, 113 N. 6th Street, 115 N. 6th Street, 108 N. 7th Street, 104-106 N. 7th Street, 168-170 Wythe Ave, and 129-133 Kent Avenue has recently been involved in a loan transaction. The asset spans a total of 85,500 square feet and is situated in the vibrant market of Williamsburg, BK.

Summary of transaction details:

The loan transaction, which took place on December 27, 2019, involved various notable individuals and companies. Geoff Goldstein, Domenic Lanni, and Rob Rizzi played key roles in the deal as representatives from JLL. As the lender, Ladder Capital provided the loan amount of $90,500,000. Additionally, the landlord of the property is L3 Capital, specifically Domenic Lanni.

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Deals
  • Location
    81-83 North 6th Street, Williamsburg, Brooklyn, NY, USA81-83 North 6th Street, Williamsburg, Brooklyn, NY, USA
  • Loan Value
    $90,500,000$90,500,000
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency, 1 Lender2 Brokers, 1 Agency, 1 Lender

Agents

Rob Rizzi

Rob Rizzi

Deals2
Financed$130M

Geoff Goldstein

Geoff Goldstein

Deals39
Financed$6B

Agency

JLL

JLL

Agency
Deals5579
Volume$332.6B

Ladder Capital

Ladder Capital

Lender
Deals32
Volume$ 704.4B

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Deal Summary

LOAN IMAGE: Geoff Goldstein, Domenic Lanni & Rob Rizzi DATE: 12/27/2019 ADDRESSES: 81-83 N. 6th Street, 85-87 N. 6th Street, 89 N. 6th Street, 91 N. 6th Street, 111 N. 6th Street, 113 N. 6th Street, 115 N. 6th Street, 108 N. 7th Street, 104-106 N. 7th Street, 168-170 Wythe Ave, 129-133 Kent Avenue MARKET: Williamsburg, BK ASSET TYPE: Retail SF: 85,500 LENDER: Ladder Capital LANDLORD: L3 Capital - Domenic Lanni BROKERS: JLL - Geoff Goldstein, Rob Rizzi LOAN AMOUNT: $90,500,00

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81-83 North, 6th Street, 85-87 North, 6th Street, 89 North, 6th Street, 91 North, 6th Street, 111 North, 6th Street, 113 North, 6th Street, 115 North, 6th Street, 108 North, 7th Street, 104-106 North, 7th Street, 168-170 Wythe Avenue, 129-133 Kent Avenue

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