A trio of lenders provided Tishman Speyer with $380 million in construction financing for its Downtown Brooklyn condominium project at 11 Hoyt Street, sources told The Real Deal. JPMorgan Chase is the lender of record on a roughly $340 million construction loan, half of which Starwood Property Trust took on its books. A source said that real estate investment trust iStar also chipped in a $40 million mezzanine piece for the project, which sits adjacent […]
source https://therealdeal.com/2018/04/18/tishman-speyer-snags-380m-financing-package-for-11-hoyt-secures-construction-manager/
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