22 Chapel

22 Chapel white building sitting on the side of a road.

Delshah Capital, a New York City-based real estate private equity and asset management firm, utilized a $59.5 million Safehold ground lease to recapitalize their Downtown Brooklyn asset following completion to buy out an equity partner. A combination of Safehold’s ground lease and leasehold proceeds from Arbor Realty Trust enabled Delshah to achieve their proceeds target. […]