Kasowitz Represents Sugar Hill Capital Partners in Construction and Mezzanine Loans for Brooklyn Redevelopment Project

Kasowitz Represents Sugar Hill Capital Partners in Construction and Mezzanine Loans for Brooklyn Redevelopment Project

Kasowitz represented Sugar Hill Capital Partners in securing a $97 million construction loan and $30 million senior mezzanine loan from Mack Real Estate Credit Strategies for a condominium redevelopment project located at 1 Prospect Park West in Brooklyn, New York.  The redevelopment will include converting the current site into a luxury residential building.

The Kasowitz team that represented Sugar Hill Capital Partners was led by partner Douglas B. Heitner and included associates David Szeker, Jessica L. Wald and Christy J. Mazzola.