Prodigy Network: Vanbarton forecloses on Prodigy's FiDi co-working property

A lender nabbed another property from Prodigy Network as the troubled crowdfunding firm is in the midst of bankruptcy proceedings. Vanbarton Group foreclosed on the company's co-working and co-living facility at 17 John Street known as the Assemblage John Street, according to property records. The deal was valued at $83 million. Vanbarton provided a $36 million junior mezzanine loan to fund the project developed by Prodigy in partnership with Shorewood Real Estate Group in 2018.The post Vanbarton forecloses on Prodigy's FiDi co-working property appeared first on The Real Deal New York.