Project Overview
Project Overview
Project Overview
Location
Brooklyn
Location
Brooklyn
Number of Units
28-Story
Number of Units
28-Story
Loan Amount
$137,000,000
Loan Amount
$137,000,000
Asset Type
Mixed-Use
Asset Type
Mixed-Use
Transaction Challenges:
» Construction financing for project in saturated area of Brooklyn » Affordable New York component
Transaction Challenges:
» Construction financing for project in saturated area of Brooklyn » Affordable New York component
ArrowREA Solution:
» Engaged multiple banks and debt funds to make a market for this credit and ultimately negotiated the acquisition and development financing with a debt fund experienced in development and with a deep understanding of both the Brooklyn market and the Affordable New York program.
ArrowREA Solution:
» Engaged multiple banks and debt funds to make a market for this credit and ultimately negotiated the acquisition and development financing with a debt fund experienced in development and with a deep understanding of both the Brooklyn market and the Affordable New York program.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.
We partner with investors and developers to unlock optimal financing by leveraging our deep network of capital providers and delivering strategies tailored to each opportunity.