Financing ·
Clipper Realty Inc. announced that its subsidiary, 250 Livingston Owner LLC, entered into a Consent and Cooperation…
CLPRClipper Realty Inc.
Clipper Realty Inc. announced that its subsidiary, 250 Livingston Owner LLC, entered into a Consent and Cooperation Agreement with Citi Real Estate Funding Inc. regarding a $125.0 million loan secured by the 250 Livingston Street property in Brooklyn, New York. The agreement involves a joint marketing and sale of the loan to a third-party buyer during a 45-day marketing period starting June 4, 2026, with the lender has the right to foreclosure or taking the deed in lieu of foreclosure at the end of period. Clipper Realty Inc. operates in the real estate industry and manages property assets.