The principals of Clearnote Capital co-developed this project. It is a $27M dollar project with 27,000 SF ground up development inclusive 23 Luxury condo units and 6,000 SF of retail space. This project will come online Quarter 3, 2018.
This was a construction loan financing provided for a large developer in the Park Slope area of Brooklyn. This was relatively small construction loan but we were able to secure extremely low rates. Clearnote Capital provided construction financing for this 20-unit gut rehab project in the Bay Ridge section of Brooklyn, NY. The project was […]
Clearnote Capital sourced permanent debt for this iconic New York building while the majority of the building was yet to be stabilized. The loan that was sourced was a $1.3 M debt financing and a $500K Line of Credit using the property, not the borrower, as collateral for both pieces.