PMG Closes on Gowanus Development Site, Maxim Capital Group Lends $19M

Commercial Observer

Excerpt from the Commercial Observer Website: Property Markets Group has closed on its acquisition of a large development site in the Gowanus neighborhood of Brooklyn, Commercial Observer has learned.

Maxim Capital Group provided $18.5 million in financing for the deal, which encompasses acquisition, building and project loans, sources said.

The site, which comprises 267 Bond Street, 495 Sackett Street and 498-510 Sackett Street, totals 100,251 square feet.

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