未分类

GPB Capital Holdings

Oestreicher, GPB land $48M construction loan for Brooklyn condo Financing for project at 211 Schermerhorn comes from CapitalSource

211 Schermerhorn Street

Oestreicher Properties and GPB Capital新上海贵族宝贝论坛

上海贵族宝贝交流区
Holdings received a $47.9 million construction loan for their long-awaited condominium project in Boerum Hill at 211 Schermerhorn Street.

The loan comes from middle-market lender CapitalSource, and financing was coordinated by Aaron Niedermayer, Aaron Appel and Brandon Krupetsky of JLL, according to the Commercial Observer.

The mixed-use Schermerhorn Street project will contain 48 units, a 1,138-square-foot rooftop terrace, a fitness center, a children’s pla新上海贵族宝贝论坛

上海贵族宝贝交流区
yroom, a lounge and a media room. It will include 10,000 square feet of retail on the ground floor as well.

Developer Nicholas Cammarato paid $16 million to acquire the parcels that make up the condo site between 2013 and 2014 and then listed the site for $30 million in 2015. GPB bought the site from Cammarato that year for an undisclo上海千花网论坛

上海千花网
sed price and filed plans for the condo上海贵族宝贝交流区

上海贵族宝贝论坛
in February 2016. Sales at the condo should launch this fall. [CO] – Eddie Small

Tags: Development, Real Estate Finance, schermerhorn street
We are having some tech爱上海同城

爱上海
nical difficulties. Try again later.

By clicking Subscribe you agree to our Privacy Policy.

Leave a Reply

Your email address will not be published. Required fields are marked *