625 Fulton Street Multifamily Complex Refinance
Sector: Road • Location: Brooklyn, New York, United States
Source: The Real Deal
The Rabsky Group secured a $765 million balance sheet loan from JPMorgan Chase to refinance its recently completed 35-story multifamily complex at 625 Fulton Street in Downtown Brooklyn. The development consists of 1,102 units, including studios, one-bedroom, and two-bedroom apartments, with 30% designated as affordable housing, and includes 54,000 square feet of retail space anchored by Aldi. Thi
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Status
Original status | completed |
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Description
Description | The Rabsky Group secured a $765 million balance sheet loan from JPMorgan Chase to refinance its recently completed 35-story multifamily complex at 625 Fulton Street in Downtown Brooklyn. The development consists of 1,102 units, including studios, one-bedroom, and two-bedroom apartments, with 30% designated as affordable housing, and includes 54,000 square feet of retail space anchored by Aldi. This refinancing replaces a previous $555 million construction loan from Madison Realty Capital. |
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Original Currency | USD |
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Location
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Source
Source reliability | High |
Data quality score | 100% |
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URL | obfuscated_data,obfuscateddata.com |
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