How Much Did Broad Street Development Raise?
Funding & Key Investors

Broad Street Development has solidified its position as a formidable entity within the New York City real estate landscape, underscored by a total capital accumulation of $915K. This trajectory of financial growth is highlighted by a recent strategic investment of $565K, which serves to bolster the firm's capacity for large-scale property acquisition and asset repositioning. By securing significant debt financing, the organization continues to demonstrate its operational resilience and ability to navigate complex urban development cycles.

The firm's ability to attract substantial capital reflects investor confidence in its long-term strategy of managing high-value office spaces and luxury residential assets. As the company moves forward, this influx of liquidity provides the necessary leverage to execute on its pipeline of multi-family and commercial projects across the competitive New York market.

What is Broad Street Development?

Broad Street Development operates as a specialized real estate developer with a focus on the New York City metropolitan area. With over four decades of industry experience, the firm manages a diverse portfolio encompassing 2.4 million square feet of office space and 650 residential units. Their core competencies include the acquisition, conversion, and strategic repositioning of properties, allowing them to capitalize on shifting urban demand. By maintaining a focus on both luxury condominiums and high-density office environments, the company effectively hedges against market volatility while maintaining a strong footprint in one of the world's most demanding real estate sectors.

How much funding has Broad Street Development raised?

Broad Street Development has raised a total of $915K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$565K

Debt (2020): $350K with participation from PPP

Debt (2021): $565K led by PPP

Key Investors in Broad Street Development

PPP

Public-Private Partnership

What's next for Broad Street Development?

Looking ahead, Broad Street Development is positioned to leverage its recent capital infusion to accelerate its development pipeline and enhance its asset management capabilities. The firm's strategic focus remains on identifying underutilized properties that can be transformed into high-yield assets. As the NYC real estate market continues to evolve, the company is expected to prioritize the integration of modern amenities and sustainable design into its existing portfolio. This proactive approach to property management and development ensures that the firm remains a key player in the ongoing revitalization of New York City's urban infrastructure, while simultaneously delivering value to its stakeholders through disciplined capital deployment.

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Frequently Asked Questions Regarding Broad Street Development Financial Insights

What are the most recent funding rounds that Broad Street Development has completed, and what were the funding rounds?
Broad Street Development has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Broad Street Development has raised to date?
Broad Street Development has raised a total of $915K in funding to date.
How many funding rounds has Broad Street Development completed?
Broad Street Development has completed 2 funding rounds.
How much funding did Broad Street Development raise in its most recent funding round?
Broad Street Development raised $565K in its most recent funding round.
Who are the lead investors in Broad Street Development's latest funding round?
The lead investor in Broad Street Development's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Broad Street Development's history?
The largest funding round in Broad Street Development's history was $565K.
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