Lionheart Strategic Management and Schroders Capital provide $111.3 million construction loan for The Bridge transit-oriented development in Mineola, New York

Type: Financing · Technology: Transport · Country: United States · Value: $111.3M · Announced: 2026-06-16

Lionheart Strategic Management, an affiliate of Fisher Brothers, and Schroders Capital 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, New York. The approximately $130 million transit-oriented development is being developed by 212-214 Third Street Associates LLC and Mineola 212 LLC, led by AJM Real Estate and Burman Real Estate, with participation from Caiola Real Estate Group and Park It Management. Located within walking distance of the Mineola LIRR station, The Bridge will feature 101 luxury residences ranging from one- to three-bedroom floorplans and a penthouse, alongside amenities including on-site parking, a fitness center, rooftop terrace with cabanas, pool, conference room, and communal lounges. The project's 10,000-square-foot multifunctional event space is designed to host live entertainment, art exhibitions, fashion shows, and community events. Since its 2024 inception, Burman Real Estate has secured approximately $500 million of development activity across seven ventures, with this transaction marking Lionheart's first investment on Long Island.

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