Meridian Capital Group

Parkview Financial Provides $92M Construction Loan for Brooklyn Office Building

May 06, 2022

Publication: Rebusiness Online

NEW YORK CITY — Los Angeles-based Parkview Financial has provided a $92 million construction loan for a 215,379-square-foot office building that will be located at 1498-1538 Coney Island Avenue in Brooklyn’s Midwood neighborhood. The project will include 51,000 square feet of retail space and a 267-space automated parking structure. Construction is underway and expected to be complete in October 2023. Between the office and retail components, the building is 30 percent preleased. Aaron Birnbaum and Elliott Kunstlinger of Meridian Capital Group arranged the loan through Parkview on behalf of the borrower, an affiliate of locally based developer Baruch Singer.

Featuring:
Aaron Birnbaum
Executive Vice President
Senior Management
(212)612-0203
[email protected]
Read Article
Recent Articles | Back to News

Beyond Sushi’s Guy Vaknin Opening Mexican Restaurant in Flatiron District

Article
May 6, 2022

New York City - A resilient market - by Shallini Mehra

Article
May 6, 2022

BK Mixed-Use Condo Lands $33M

Article
May 6, 2022

Highcap Group and Meridian Capital sell40,000 s/f for $22 million

Article
May 6, 2022

Top Leases in December Highlight Diverse Retail Landscape

Article
May 6, 2022

Meridian Capital Group Reports End-of-Year Activity

Article
May 6, 2022