Portfolio: Equity Investment Properties

341 Eastern Parkway

HREV made an equity investment in a 63-unit residential condominium project in Prospect Heights, Brooklyn in the second quarter of 2012. The site is located at the foot of a subway stop with a ground floor retail component. With a capital structure in place, the Sponsor developed an 8-story mixed-use building consisting of 63 residential rental units (56,727 NSF) and 3 commercial units The Property was sold in 2016

INVESTMENT TYPE:

Equity

LOCATION:

Brooklyn, NY

ASSET CLASS:

Mixed Use

STATUS:

Realized