Friday 6 July 2018

Rockrose lands $348M refi for LIC rental complex

Rockrose Development landed a $348 million refinancing for Hayden, its Long Island City apartment complex at 43-25 Hunter Street. The lender is the New York State Housing Finance Agency, which has a servicing agreement with Wells Fargo, New York City Department of Finance records show. The loan replaces a $270 million loan from 2015. The developer has said the project is Rockrose’s largest 80/20 property outside of Manhattan. The 974-unit multifamily development includes a 14-story […]



source https://therealdeal.com/2018/07/06/rockrose-lands-348m-refi-for-lic-rental-complex/

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