Friedland Properties and Rose Associates landed $218 million to refinance a luxury apartment in the Flatiron District. Wells Fargo Multifamily Capital provided the financing for 7 West 21st Street, the Commercial Observer reported. The new funding includes $36.4 million in tax-exempt bonds and $181.9 million in taxable bonds, replacing $182 million in previous construction debt from May 2015. The project includes two 18-story buildings, comprised of 288 residential units across 288,000 square feet. Of the […]
source https://therealdeal.com/2018/05/08/friedland-rose-associates-snag-218m-to-refi-flatiron-project/
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