Friday 29 June 2018

Cascade condo project receives additional $100M in financing

Madison Realty Capital is adding $100 million to its loan in a Bedford-Stuyvesant condo complex called Cascade. Empire State Management, Abraham Brach and Nachman Leibowitz are constructing the seven-building complex, which will span 400,000 square feet along the Bed-Stuy-Williamsburg border, according to Commercial Observer. Madison Realty Capital previously loaned $88 million last year to the project for its first phase. The project will include seven buildings overall at 104, 114 and 134 Stockton Street, 833-869 Myrtle Avenue […]



source https://therealdeal.com/2018/06/29/cascade-condo-project-receives-additional-100m-in-financing/

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