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JCAL Development Secures $26M Refi for South Bronx Apartment Building

Bronx-based private real estate development and construction company JCAL Development Group has secured a loan to refinance the Bridgeline apartments in the South Bronx. Webster Bank provided the two-

Summary

Bronx-based private real estate development and construction company JCAL Development Group has secured a loan to refinance the Bridgeline apartments in the South Bronx.

Webster Bank provided the two-year, fixed-rate loan for $26.

35 million to shore up the finances of the 91-unit luxury building at 329 East 132nd Street in the Mott Haven neighborhood of […]

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