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Northwind Group Provides $50M Construction Loan for Luxury Manhattan Property

Prosper Property Group has secured $50 million in construction financing to build 10 West 17th Street, an 18-story luxury residential condominium in Manhattan’s Flatiron District, Commercial Observer

Summary

Prosper Property Group has secured $50 million in construction financing to build 10 West 17th Street, an 18-story luxury residential condominium in Manhattan’s Flatiron District, Commercial Observer can first report.

Northwind Group provided the construction debt out of its Northwind Debt Fund III.

The new financing follows the $11 million acquisition loan Northwind made to […]

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