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BridgeCity Capital Lends $38M for Prospect Heights Apartments Build

Ranco Capital has sealed $37.6 million of acquisition and construction financing for the development of a mixed-use multifamily building in Prospect Heights, Brooklyn, Commercial Observer has learned.

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Ranco Capital has sealed $37.6 million of acquisition and construction financing for the development of a mixed-use multifamily building in Prospect Heights, Brooklyn, Commercial Observer has learned. BridgeCity Capital provided the loan for the developer’s planned project at 1084 Pacific Street, which will feature 71 apartment units and 48,061 square feet of retail space. Ranco […]

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