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Apex Development, Knickpoint Ventures Secure $60M Financing for Bronx Charter School

The site of an unoccupied auto repair shop along the Bronx’s East Tremont Avenue is set to be transformed into a 700-student charter school. Apex Development Group and Knickpoint Ventures have secured

Summary

The site of an unoccupied auto repair shop along the Bronx’s East Tremont Avenue is set to be transformed into a 700-student charter school.

Apex Development Group and Knickpoint Ventures have secured a $60 million debt package for the acquisition and construction of a charter school at 1780 East Tremont Avenue, Commercial Observer has learned.

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