New York firm gets $28M loan to buy two-thirds of a condo complex

ESG Kullen of New York is buying 161 units at a Palm Harbor condominium community.

  • By Louis Llovio
  • | 4:29 p.m. September 20, 2022
  • | 0 Free Articles Remaining!
ESK Kullen of New York secured a $27.69 million loan to buy 161 units at a Palm Harbor condominium community. (Courtesy photo)
ESK Kullen of New York secured a $27.69 million loan to buy 161 units at a Palm Harbor condominium community. (Courtesy photo)
  • Tampa Bay-Lakeland
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Berkadia has arranged a $27.69 million loan for a New York developer to buy 161 units of a 248-unit condominium community.

The fractured condo deal was for units at Harbourtowne at Country Woods in Palm Harbor. A spokesperson for Berkadia says the remaining units are individually owned.

 

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