LOAN
IMAGE: Ariel Shalom
DATE: 6/8/2026
MARKET: Brooklyn
ASSET TYPE: Development Site ~ BSF: 18,760 ~ SF: 1,463
LANDLORD: Ariel Shalom - Ariel Development Group
LOAN AMOUNT: $13,500,000
LOAN TYPE: Construction
NOTE FROM LANDLORD: Ariel Development Group is proud to announce the successful closing of a complex joint venture financing, securing a $13.5 million loan for an 18,000 square foot development project, which also included the strategic acquisition of approximately 5,000 square feet of air rights.
This was not a straightforward transaction. It required creativity, persistence, detailed coordination, and the ability to structure a deal that aligned the interests of all parties involved. Through disciplined execution, hands-on leadership, and a problem-solving approach, we were able to navigate the complexities and bring the joint venture successfully across the finish line.
At Ariel Development Group, we are not just looking for easy deals — we specialize in finding creative paths forward on complicated real estate opportunities. Whether it involves joint venture structuring, development financing, air rights, entitlement challenges, or unlocking hidden value in underutilized assets, our team brings the execution, vision, and flexibility needed to get deals done.
If you have a development site, joint venture opportunity, distressed asset, or creative real estate transaction that needs the right partner, we would love to hear from you.
Call us at 646-770-0667
Email: [projects@arielgroup.nyc](mailto:projects@arielgroup.nyc)
#NewYork #RealEstate #TradedNY #NY #NewYorkRealEstate #NYCRealEstate #TradedPartner #Brooklyn #DevelopmentSite #ArielShalom #ArielDevelopmentGroup #RealEstateDevelopment #JointVenture #AirRights #DevelopmentFinance #RealEstateInvesting #NYCDevelopment