Lionheart Strategic Management, an affiliate of Fisher Brothers, and Schroders Capital, the private assets division of Schroders, have provided a $111.3 million floating-rate construction loan for The Bridge, a nine-story, 101-unit luxury condominium development with 10,000 square feet of commercial and event space in Mineola, N.Y.
The approximately $130 million transit-oriented development is being developed by 212-214 Third Street Associates LLC and Mineola 212 LLC, an affiliate headed by Adam Mann of AJM Real Estate and Scott Burman of Burman Real Estate. The sponsorship group also includes Caiola Real Estate Group and Park It Management, forming an experienced development and investment partnership focused on creating value-add opportunities across retail, multifamily residential, healthcare, and mixed-use assets. Since its inception in 2024, Burman Real Estate has secured approximately $500 million of development activity across seven ventures.
“We are pleased t
