Cushman & Wakefield Arranges $ 106 Million Condominium Acquisition Loan in Brooklyn




The $ 106 million loan allows the borrower to acquire a 186,000 square foot, five-story office condominium located at 12 MetroTech Center in Brooklyn.

NEW YORK – Cushman & Wakefield has arranged a $ 106 million loan to acquire a $ 106 million office condominium located at 12 MetroTech Center in downtown Brooklyn. The condominium consists of five floors with a total area of ​​186,000 square feet, located in a larger building, the lower 25 floors of which are owned by the City of New York. Gideon Gil, Lauren Kaufman, Steve Cohn and Alex Hernandez of Cushman & Wakefield arranged a five-year interest-free loan through the Starwood Property Trust on behalf of the borrower, an entity doing business under 60 guilders. Doug Harmon, Adam Spice, Adam Donager, Dan OBrien, Rachel Humphrey and Megan Philbin of Cushman & Wakefield acted as intermediaries in the sale of the asset.


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