Brief
Ponce Bank Lends $50M for Canarsie Apartments
Midwood Group has landed $50 million of construction financing to build a multifamily project in Brooklyn, Commercial Observer has learned. Ponce Bank supplied the loan for the ground-up development o
Summary
Midwood Group has landed $50 million of construction financing to build a multifamily project in Brooklyn, Commercial Observer has learned.
Ponce Bank supplied the loan for the ground-up development of two contiguous apartment buildings with 99 units each at 937 East 108th Street and 951 East 108th Street in Brooklyn’s Canarsie neighborhood.
“This residential development […]
Source
- Commercial Observercommercialobserver.com
