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MF1 Supplies $64M Construction Takeout Loan for Fort Greene Apartments

Borough Developers has nabbed $64 million of construction takeout financing for a newly completed Brooklyn multifamily development, Commercial Observer has learned. MF1 Capital provided the bridge loa

Summary

Borough Developers has nabbed $64 million of construction takeout financing for a newly completed Brooklyn multifamily development, Commercial Observer has learned.

MF1 Capital provided the bridge loan for Borough Developers’ 99-unit the Elliot apartments in Fort Greene that opened last year.

Landstone Capital Group arranged the transaction with a team led by Leah Paskus and […]

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