210 Clarkson in New York City

Dwight Mortgage Trust Provides $75.2 Million Bridge Loan for 210 Clarkson in Brooklyn

by Channing Hamilton

NEW YORK CITY — Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, has provided a $75.2 million in bridge financing for 210 Clarkson, a 165-unit community in the Prospect Lefferts Garden neighborhood of Brooklyn. The financing will be used to refinance existing construction debt for the borrower, a New York family office. Meir Kessner and David Eisen at Sevenstone Capital brokered the deal.

Recently completed in 2023, 210 Clarkson offers 115 market-rate units and 50 affordable units, as well as 19,500 square feet of ground-floor retail space. Apartments come in studio, one- and two-bedroom floor plans. Income restrictions for the affordable units were not disclosed. Community amenities include office space, a game room, screening room, pet spa, gym and yoga area and an outdoor terrace.

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