Brief
Capital One Provides $96M Letter of Credit for Far Rockaway Affordable Housing Project
Tishman Speyer has sealed $214 million of construction financing to develop a 100 percent affordable housing property in Far Rockaway, Queens, Commercial Observer has learned. Capital One closed a $96
Tishman Speyer has sealed $214 million of construction financing to develop a 100 percent affordable housing property in Far Rockaway, Queens, Commercial Observer has learned. Capital One closed a $96.2 million letter of credit to backstop a loan provided by the New York City Housing Development Corporation (HDC) to support construction of the 300-unit Edgemere […]
Source
- Commercial Observercommercialobserver.com

