UK developer lands $126M loan for Greenpoint luxury dev – Robert Khodadadian

United Kingdom developer Quadrum Global is ready to continue its invasion of Brooklyn with the help of a nine-figure construction loan. The London-based firm landed a $126 million construction loan from Madison Realty Capital at 29 Huron Street, PincusCo reported. Madison Realty borrowed from Axos Capital, which was assigned an interest in the loans. The construction loan should allow Quadrum Global to get to work in Greenpoint, where the developer is planning two luxury condo

Robert Khodadadian is an experienced commercial real estate broker in New York City and founder of Skyline Properties. Skyline Properties specializes in off-market or “quiet” real estate transactions, allowing buyers and seller to bypass traditional avenues and extraneous expenses of high-profile listings in the New York City area. Development, Home Page, greenpoint, madison realty capital, Quadrum Global, Real Estate Finance The Real Deal New York Read More