Monadnock Development

People:

Company Activity past 24 months:

Buyer company: 2 for $40.6 million

Seller company: 1 for $26.3 million

Borrower company: 4 for $649.4 million

Latest Stories:

• Wavecrest Management acquires from Monadnock Development two walkups in Harlem for $26.3M (August 05, 2024)

• Monadnock signs $110.4M construction loan for 189-unit project in East New York (May 06, 2024)

• Gotham, Monadnock, church, sign $217.4M construction loan for 386 units in East New York (April 09, 2024)

• Gotham Org. acquires parcel from church valued at $13.9M for portion of Urban Village in East New York (April 02, 2024)

• Monadnock, Project Renewal sign $102.9M construction loan in Grand Central (January 29, 2024)

• Monadnock signs $218.7M construction loan for 321-unit project in East Flatbush (December 26, 2023)

• Monadnock pays $26.7M to Brookdale Hospital for dev site in East Flatbush (December 18, 2023)

• Nonprofit files plans for 21-story shelter in Grand Central (April 05, 2023)

• Monadnock Development signs $107.9M construction loan in East New York (January 09, 2023)

• Monadnock Development signs $42.5M loan for office development in Gowanus (December 20, 2022)