Harold Friedman signs $19.6M refi loan with Starwood for property in Bedford Stuyvesant

Harold Friedman through the entity 263 Skillman LLC as borrower signed a refi loan with lender Starwood Mortgage Capital valued at $19.6 million for the property at 263 Skillman Street in Bedford Stuyvesant, Brooklyn.
The deal closed on August 28, 2024 and was recorded on September 6, 2024. The prior lender was Golden Bridge Funding which held debt that had an original loan amount of $14.1 million.
The signatory for Harold Friedman was Harold Friedman. The signatory for Starwood Mortgage Capital was Leslie K. Fairbanks.

The block

On this tax block, PincusCo has identified the owners of eight of the 15 commercial properties representing 111,448 square feet of the 130,570 square feet. The largest owner is Loketch Group, followed by Abraham Friedrich and then All Year Management.
There are no active new building construction projects on this tax block.

The majority, or 56 percent of the 130,570 square feet of built space are elevator buildings, with mixed-use buildings next occupying 23 percent of the space.

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