Lenders sometimes come from unexpected places. A cemetery in Queens has loaned $52 million to the Brooklyn Urban Garden Charter School in Windsor Terrace, according to public records. The Rocklyn Ecclesiastical Corp., which serves as the real estate arm for the Roman Catholic Diocese of Brooklyn, received the loan for the school at 500 19th Street, according to Department of Finance records. The loan came from Saint John’s Cemetery, a Catholic burial ground located at […]
source https://therealdeal.com/2018/06/26/bring-out-your-debt-cemetery-loans-brooklyn-charter-school-52m/
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