News

Slate Property’s Scale Lending Strikes First Deal For a Brooklyn Resi Project

Scale Lending — a partnership between Slate Property Group and the Carlyle Group — has closed on its first deal in New York. The platform provided a $35 million construction loan for 834 Pacific Street in Brooklyn, according to the company. Happy Living Development is planning to convert a Prospect Heights rectory into a residential rental project at the site.

Scale Lending Provides $44M on Purchase of Inwood Development Site

Scale Lending, the lending arm created in late 2018 by Slate Property Group and Carlyle Group, has provided $44 million to Philadelphia-based Arden Group for the firm to acquire a development site in Upper Manhattan, Commercial Observer has learned.

Scale Lending Provides $56M in Construction Financing for LIC Multifamily Property

JMH Development and Mettle Property Group have scored $56 million in financing to develop a 143-unit multifamily building in Long Island City, Queens, Commercial Observer has learned.

Slate Property’s Scale Lending Strikes First Deal For a Brooklyn Resi Project

Scale Lending Provides $44M on Purchase of Inwood Development Site

Scale Lending Provides $56M in Construction Financing for LIC Multifamily Property

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