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Walker & Dunlop Capital Markets | Institutional Advisory recently arranged $203,500,000 in construction financing for the development of 50 Third Avenue, a 184-unit mixed-use multifamily development with 12,529 square feet of ground-floor retail at the crossroads of 11th street and Third Avenue in Manhattan’s East Village.
Led by Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Dustin Stolly, Sean Reimer, and Sean Bastian, the team served as the exclusive advisor to joint venture partners, SK Development and Kinsmen Property Group, and arranged the floating rate, interest only loan through Ironsand.