BEB Capital and Totem Secure Financing for 187-unit Mixed-Use Development in Brooklyn
The partnership team of BEB Capital, Totem, Ofer Cohen and SK Development have secured financing for a 193,000-square-foot, 14-story, 187-unit mixed-income housing and retail development in Sunset Park, Brooklyn. Canyon Partners Real Estate LLC and J.P. Morgan co-originated the $96 million construction financing. Tribeca Investment Group arranged the $25 million investment. Walker & Dunlop secured the financing on behalf of the ownership team…
