News: Brokerage

Cohen of Leviathan Capital arranges $2 million construction loan

Brooklyn, NY According to Leviathan Capital, Peter Cohen has successfully closed a $2 million construction loan in the Cobble Hill neighborhood.

The borrower needed capital for renovations but more importantly, the sponsor wanted most of the construction proceeds upfront rather than in draws. The loan featured a 24 month term, flexible prepay and a floor of 10%.

This transaction underscores our ability to navigate complex financial landscapes and deliver tailored solutions to our client.

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GFP Real Estate signs Indecor Home to 16,806 s/f lease at 247 West 37th St.

Manhattan, NY GFP Real Estate said that Indecor Home, a New York-based designer and manufacturer of home décor products, has signed a 10-year lease for the entire 16,806 s/f fifth floor at 247 West
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