188 Montague Street lands $11.25M

Overview

Treeline Companies sold the office building at 188 Montague Street in Brooklyn Heights to Gora Group's ownership entity, 188 Montague LLC, in June 2026 -- ACRIS records the deed at $16.8 million, close to the $17 million previously reported in press coverage of the sale (broker Daniel O'Brien's own account of the deal, shared publicly, names the same buyer and seller). The purchase came with an $11.25 million acquisition loan from 3650 Capital SCF LOE I(A), LLC, an active New York City commercial real estate debt fund, recorded the same day.

Hush Street's own Brooklyn Heights Tracker coverage separately flags a second named party potentially tied to this same closing: SIG CRE 2023 Venture LLC, an entity whose name follows the same naming pattern as other confirmed Signature Bank-failure-successor lending vehicles active in Brooklyn. That identification isn't independently verified beyond the name pattern itself, and is presented here with the same caution -- a lead worth tracking, not a confirmed fact.

A confirmed Brooklyn Heights commercial building sale with its acquisition financing now on the record, naming a real, active CRE debt fund behind the purchase -- with a second, not-yet-verified lending party also potentially in the picture.

Parties Involved 3 recorded

Counts and combined values are computed from Hush Street’s own published Deal records only. “Combined” is the total value of the transactions a party appears on, not capital deployed by that party, and two parties on the same transaction each reflect its full amount. Not a career or market total.

Marks shown are Hush Street editorial monograms, generated from each party’s recorded name — not official company logos.

Property & Project