Carlyle Group borrows $32.5M from Invesco Real Estate for property in Brooklyn
Carlyle Group through the entity Greenbroook Thr Owner, L.L.C. as borrower signed a loan agreement with lender Invesco Real Estate through the entity Invesco Cmi Investments, L.P. valued at $32.5 million for 11 parcels, including the tax class three-family (C0) and containing 35 residential units at 264 Kosciuszko Street, 24 Cornelia Street, 27 Bleecker Street, 194 Cooper Street, 610 Bainbridge Street, and others in Brooklyn. The deal closed on December 22, 2020 and was recorded on January 13, 2021.
The property has 46,205 square feet of built space and available development rights.
The average loan per unit is $627,866.
The financing includes a $21.97 million gap loan. Many of these properties were recently acquired from Greenbrook, as PincusCo has reported.
Over the past five years, there has been one NYC Department of Buildings permit application filed for this parcel valued at more than $20,000.
Direct link to Acris document. link
