$167M Construction Loan in Place for Brooklyn M-F Project

August 21st, 2008

Forest City Ratner Cos. has closed on a $167 million construction financing deal for 80 DeKalb, a 365-unit apartment project in Downtown Brooklyn. The New York State Housing Finance Agency approved the project for $109.5 million in tax-exempt bonds and an additional $27.5 million in taxable bonds.
Commercial Property News - Northeast Realestate News

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