CIM Group and partners Kushner Companies and LIVWRK have found a construction lender for their $1.1 billion residential tower in Brooklyn, according to a new report. JPMorgan Chase will provide the developers with the roughly $600 million loan they have been seeking for their project at 85 Jay Street, according to Bloomberg. The terms of the loan are almost final but still pending underwriting approvals. According to Bloomberg, the deal has been slow to close […]
source https://therealdeal.com/2018/04/06/cim-kushner-land-600m-loan-for-brooklyn-resi-tower-report/
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