Dubai-based Eagle Proprietary Investments Limited has announced its successful exit from its debt investment in The Cobble Hill House, an upscale residential condominium development in Brooklyn, New York valued at over $75 million.

The Cobble Hill House is a new, 27-unit residential development built in the highly desirable neighbourhood featuring luxurious condominiums and amenities with views of Downtown Manhattan.

In April 2017, Eagle led the structuring of a senior secured construction loan secured against the land and building rights of the project.