BridgeCity Capital Lends $47M for Prospect Heights Apartments

Castell Group has secured $47.4 million of construction financing to build a multifamily development in Prospect Heights, Brooklyn, Commercial Observer has learned. BridgeCity Capital originated the two-year loan with extension options for the developer’s planned 170-unit apartment project at two adjacent sites on 1029 Dean Street and 1104 Pacific Street. The deal closed Tuesday at […]