Fosun International and J.D. Carlisle Development Group landed a $350 million construction loan for their proposed 66-story condo tower in NoMad, sources told The Real Deal. Bank of the Ozarks, the prolific Arkansas-based lender, provided the financing, according to Eastern Consolidated, with brokered the deal. The financing will allow the project – located at 126 Madison Avenue between East 30th and 31st streets – to proceed. The developers have already finished foundation work and plan […]
source https://therealdeal.com/2018/05/07/fosun-jd-carlisle-score-350m-loan-for-nomad-condo-project/
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