The joint venture partnership between Cammeby’s International Group and Rybak Development has secured $252 million of construction financing for the ground-up development of a mixed-use project at 532 Neptune Avenue on Brooklyn’s Coney Island, Commercial Observer can first report.
A four-lender syndicate led by Valley National Bank supplied the loan for the sponsorship’s development, sources told CO. The other lenders could not be immediately determined.
Meridian Capital Group arranged the transaction with a team led by Ronnie Levine, Scott Miller and AJ Bruno.
Featuring:
Recent Articles | Back to News
Meridian Capital Group arranges lease for Acupuncture Local at 4407 Broadway in Washington Heights
Article
July 18, 2023
NYC's Top Retail Leases in October 2026
Article
July 18, 2023
Meridian Capital Group Completes 4,000 Square Foot Restaurant Lease at 170 Thompson Street
Article
July 18, 2023
Hudson Valley Boutique Shop Signs Lease in Manhattan’s Nolita
Article
July 18, 2023
Bistro Pardon My French Sets Up Shop at Jeff Sutton’s 373 Broome Street
Article
July 18, 2023
