Meridian Capital Group

Slate lends $137M on W’burg rental development

February 03, 2022

The investor group that bought The Collective’s development site in Williamsburg landed a $137 million loan to finance the project.

The Loketch Group, the Joyland Group and Meral Property Group secured the capital from Slate Property Group’s lending arm, SCALE Lending, to finance the acquisition and construction of 555 Broadway.

Featuring:
Morris Betesh
Senior Managing Director
Origination
(212)612-0105
[email protected]
Alex Bailkin
Senior Vice President
Underwriting and Loan Placement
(212)612-0194
[email protected]
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