Slate Property Group’s Scale Lending
Creative and Flexible
Financing Solutions
SCALE Lending Provides $75M Bridge Loan For 110 Bergen Turnpike In Little Ferry, New Jersey
SCALE Lending, the debt financing arm of Slate Property Group, has finalized a $75 million bridge loan to Capodagli Property Company, a family-owned real estate development and management firm based in New Jersey. The financing will support the completion, lease-up, and stabilization of 110 Bergen Turnpike, a two-building development in Little Ferry, New Jersey. The… Read more »
Scale Lends $150M to Finish Bronx Multifamily Property
Ben Beitel’s Beitel Group, a New York based development firm, has secured $150 million in construction financing to build a 13-story, 450-unit multifamily property in the Mott Haven neighborhood of The Bronx. Slate Property Group’s debt financing business SCALE Lending provided the financing for the 289,000-square-foot asset that is currently in mid-construction. Landstone Capital Group’s… Read more »
Clipper Equity lands $140M construction loan for Flatbush dev
David Bistricer’s Clipper Equity landed a nine-figure loan for its seven-story multifamily project in Flatbush.Scale Lending, the debt financing division of Slate Property Group, provided $140 million in construction financing to Clipper for a development at 2366 Bedford Avenue in the Brooklyn neighborhood, the firm announced. Landstone Capital Group’s Leah Paskus arranged the financing.