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SCALE Lending Provides $195M for Downtown Miami Resi Development
The Namdar Group has secured a $195 million loan for the acquisition and construction of Namdar Towers in Downtown Miami, Commercial Observer has learned. Slate Property Group affiliate SCALE Lending provided the loan. Greystone Capital Advisors brokered the deal with a team led by Drew Fletcher and Bryan Grover.
Slate lends $137M on W’burg rental development
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.
SCALE Lending Supplies $87M Loan for Williamsburg Multifamily Project
Goose Property Management has snagged $86.7 million of financing for the acquisition and construction of multifamily development at a former Key Food site in Williamsburg, Brooklyn, Commercial Observer has learned. SCALE Lending provided the debt package for the 175,000-square-foot project at 575 Grand Street, which will include 186 new units with 30 percent set aside… Read more »