Strada Ventures LLC’s Post

Strada is happy to have assisted a New York City social service non-profit close a $15 million acquisition and predevelopment loan for the purchase of 245 Clarkson Ave, a parking lot in the Brooklyn neighborhood of Prospect Park – Lefferts Garden. The project, the first for this non-profit, will consist of the new construction of a 124-unit supportive housing development, offering essential services for youth aging out of foster care and individuals living with severe mental illness. The non-profit aims to provide much-needed onsite services in an accessible and meaningful way, provide early interventions to problems, and build relationships critical to their success.

Debra Bechtel

Associate Professor of Clinical Law Emerita (Brooklyn Law School)

4mo

Amazing. Congrats all!

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