Pink Stone Capital Group obtained financing of $22M from Madison Realty Capital

Pink Stone Capital Group through the entity Soho Thompson Realty LLC as borrower signed a loan agreement with lender Madison Realty Capital through the entity 54 Thompson Street 1 LLC valued at $21.7 million for 9 parcels, including the tax class commercial condominium unit (R5) at 52 Thompson Street, 52 Thompson Street, 52 Thompson Street, 52 Thompson Street, 52 Thompson Street, and others in Soho. The deal closed on July 26, 2019 and was recorded on August 06, 2019.
The property contains a total of 25,076 square feet of built space.
The average loan per buildable square foot is $863.

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