Thursday, 19 April 2018

Brooklyn Bridge Park Pier 6 developers land $400M+ in new financing

The development team tapped to build a pair of residential buildings at Brooklyn Bridge Park’s Pier 6 landed $411 million in construction financing. RAL Companies, Vanke U.S. and Oliver’s Realty Group secured a $251 million construction loan from Bank of the Ozarks, the Commercial Observer reported. The developers also locked down $160 million in joint-venture equity from a source that was not identified. The developers plan to build a 29-story, 126-unit luxury condominium tower next […]



source https://therealdeal.com/2018/04/19/brooklyn-bridge-park-pier-6-developers-land-400m-in-new-financing/

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