$109M in Financing Closes for Affordable Housing Complex in Brooklyn

April 18th, 2008

A financing package totaling $109 million has been put in place for Linden Plaza, a 1,527-unit affordable housing complex in Brooklyn. Red Stone Partners orchestrated the deal on behalf of The DeMatteis Organization, which plans to use the funds to rehabilitate and preserve the 36-year-old property.
Commercial Property News - Northeast Realestate News

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