Commercial Observer HIG Capital has provided a $56 million loan against the 98-unit apartment property at 1499 Bedford Ave. in Brooklyn, N.Y. CW Realty of Brooklyn borrowed the loan, which it will use to retire $44 million of construction financing ...
Crain's New York Business Massachusetts Mutual Life Insurance Co. has provided $120 million of financing for the development of a 261-unit apartment property in the Gowanus section of Brooklyn, N.Y. The proposed 13-story property, at 251 Douglass St., will have ...
The Real Deal The Brodsky Organization has agreed to sell the 250-unit apartment property at 7 DeKalb Ave. in Brooklyn, N.Y., to Avanath Capital Management for about $100 million, or $400,000/unit. Brodsky had purchased the 23-story building, then recently completed, ...
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