Brief
Merchants Capital, New York City Provide $42M for Brooklyn Affordable Housing
Tredway has secured $41.5 million in acquisition and construction financing to purchase and renovate Restore Housing, a 138-unit affordable apartment complex in Brooklyn that opened more than 40 years
Summary
Tredway has secured $41.
5 million in acquisition and construction financing to purchase and renovate Restore Housing, a 138-unit affordable apartment complex in Brooklyn that opened more than 40 years ago, Commercial Observer can first report.
Merchants Capital provided the acquisition and construction financing, while Tredway is investing $10 million in capital improvements into the property. […]
Source
- Commercial Observercommercialobserver.com
