JEMB Realty has landed a $235 million construction loan for One Willoughby Square. The loan comes from Otéra Capital, a large real estate lender based in Canada, according to the Wall Street Journal. JEMB owns office buildings in Montreal and has an established relationship with Otéra. The company’s Downtown Brooklyn project will be a 500,000-square-foot office tower. About one-third of the building is leased so far, with tenants including a 300-seat public school spanning 87,000 […]
source https://therealdeal.com/2018/07/23/jemb-realty-lands-big-loan-for-one-willoughby-square-project/
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