Tuesday 3 April 2018

Jacobowitz family lands $65M loan for four Williamsburg properties

Brooklyn developers Bernard and David Jacobowitz secured a $65 million refinancing for four of their apartment buildings in the borough, according to property records. The loan from Sterling National Bank covers their properties at 520 Wythe Avenue, 19 South 11th Street, 26 South 10th Street and 42 South 10th Street, all located close to each other in Williamsburg. The package includes an unpaid balance of $36 million from a 2016 loan and a gap mortgage […]



source https://therealdeal.com/2018/04/03/jacobowitz-family-lands-65m-loan-for-four-williamsburg-properties/

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