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CMA
February 01, 2019  

New Shop Planning Land-Loan Fund

A new investment-management firm is seeking to raise $50 million of equity for a high-yield debt fund that would originate short-term loans on land suitable for residential development.The shop, ParkSlope Capital of New York, was formed last summer by Gregory Yakubov, Brian Cotner and William Allen, whose backgrounds include development experience.Their fund would finance land developers, who buy parcels, install infrastructure and then sell the...


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