Dynamic Star signs $36M refi with Columbia Pacific Advisors for development site in Bronx

Dynamic Star through the entity Mdbzjggs LLC as borrower signed a refi loan with lender Columbia Pacific Advisors through the entity Cpif Lending, LLC valued at $36 million for two development sites including the development site (V1) at N/A Landing Road in University Heights, Bronx and development site (V1) at N/A West 192nd Street in Bronx, Bronx.
The deal closed on July 1, 2021 and was recorded on July 15, 2021.
The two properties have 0 square feet of built space and 480,318 square feet of additional air rights for a total buildable of 480,318 square feet according to PincusCo analysis of city data. The loan price per built square foot is $N/A and the price per buildable square foot is $74 per the PincusCo analysis.
The signatory for Dynamic Star was Gary Segal.

Gary Segal is president and CEO of Dynamic Star.

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