THE CONDO BOOK PROJECT

Loan Funder

Named as the sponsor's construction lender in 4 New York City condominium offering plans, in the plan's text, where the sponsor says it has obtained its construction loan or financing, or, where the plan doesn't name one, as the lender on the mortgage and building loan agreement recorded in ACRIS on the building's lot before the plan was accepted. Each building below links the plan page or the recorded document. Where an amendment names a new lender, that lender is counted.

Loan Funder's 4 buildings in these plans are all in Brooklyn, 50% new construction, typically 2–3 units, offered at an average $2.3M per unit. Check size: $2.8M typical (the median of 4 loans whose size the plan states or ACRIS records), from $1.2M to $3.3M.

Buildings
4
Residential units
10
Typical check
$2.8M
Years
2021–2026
ManhattanBrooklynQueensBronxStaten Island 128 Ft Greene Place Condominium, 128 Ft Green Place979 Lafayette Avenue Condominium, 979 Lafayette Avenue460 7th Avenue Condominium, 460 7th Avenue414 Bergen Street Condominium, 414 Bergen Street

Pro · Advanced analysis

Recent Growth

Loan Funder's buildings and units by year for the last 6 years, and whether the pace is rising or falling.

1 building accepted in 2024–2026 (2026 to date), against 2 in 2021–2023: down 50%. 33% of all 3 dated buildings are from the last 3 years.

Year acceptedBuildingsUnits
2026 to date12
20250—
20240—
20230—
202213
202113

Latest: 128 Ft Greene Place Condominium, accepted Mar 25, 2026. 1 plan without an acceptance date isn't counted.

Strongest Relationships

The firms named most often on the same buildings as Loan Funder, at least 2 in common.

Sponsor's counsel

Tax consultants

From the same offering plans as the table below. A firm's own affiliates aren't counted.

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CondominiumAcceptedUnitsLoan
128 Ft Greene Place Condominium128 Ft Green Place · Brooklyn · new constructionNamed as Loan Funder LLC, Series 65836 · Sponsor: 128 Ft Greene LLC · Named on p. 6 ↗20262$3.1M*
979 Lafayette Avenue Condominium979 Lafayette Avenue · Brooklyn · rehabNamed as Loan Funder LLC Series 17051 · Sponsor: 979 Lafayette Realty LLC · Named on p. 3 ↗20223$1.2M*
460 7th Avenue Condominium460 7th Avenue · Brooklyn · rehabNamed as Loan Funder LLC Series 8551 · Sponsor: 460 Seventh Avenue Bk LLC · Named on p. 10 ↗20213$2.4M
414 Bergen Street Condominium414 Bergen Street · Brooklyn · new constructionRecorded as Loan Funder LLC, Series 65870 · Sponsor: 414 Bergen LLC · Recorded in ACRIS ↗—2$3.3M*

Loan is the construction financing the plan states: its stated total, or the building, project and other loans it lists added up (hover for the parts); a loan only for buying the land isn't counted. Where the plan states no amount, a figure marked * is the mortgage and building loan agreement recorded in ACRIS for the same lender on the building's lot, linked to the document. — means neither has one. The typical check is the median of these loans. A bank that changed its name is counted under its current name. Different spellings of one lender's name are counted together.