Gary Barnett’s Extell Development finalized a $530 million loan package for Brooklyn Point, a 68-story residential tower in Downtown Brooklyn. The deal includes a $425 million construction loan and $105 million mezzanine loan, completing the financing for the 485-unit project, according to documents filed with the Tel Aviv Stock Exchange. The condominium tower, at 138 Willoughby Street, was designed by Kohn Pederson Fox, and has a projected $901 million sellout. It is the third tower […]
source https://therealdeal.com/2018/07/30/extell-lands-530m-loan-package-for-brooklyn-point-development/
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