Quinlan Development has landed a $52 million loan for its 58-unit rental project at 153-157 Remsen Street in Brooklyn Heights. The loan comes from USAA Life Insurance Company, which took on the property’s $36.6 million mortgage and provided a $15.9 million gap mortgage, according to property records. Quinlan received approval from the Department of Buildings in 2014 to demolish three structures at 153-157 Remsen Street and make way for its 19-story, 92,000-square-foot project, which features amenities […]
source https://therealdeal.com/2018/05/01/quinlan-development-lands-52m-loan-for-brooklyn-heights-resi-project/
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