Four Winds Real Estate borrows $22.5M from Resource America Inc. for property in Lower East Side

Four Winds Real Estate through the entity 198 Rivington House Partners LLC (and others) as borrower signed a loan agreement with lender Resource America Inc. through the entity RCC Real Estate, Inc. valued at $22.5 million for ground-leased parcels including 114 Ridge Street and 106 Ridge Street in Lower East Side. The deal closed on November 13, 2019 and was recorded on December 11, 2019.

Direct link to Acris document. link
Direct link to the city’s interactive property map, ZOLA. link