Brooklyn North Capital and RiverBrook Equities secured a $46 million acquisition and construction loan for their Kips Bay condo building project. S3 Capital Group provided the financing for the planned development at 165-169 Lexington Avenue. The partners will build an 11-story condominium on the 58,628-square-foot, three-lot assemblage. Eastern Union Funding’s Michael Muller and Moshe Lipschitz brokered the mortgage, part of which funded the recent $8.3 million acquisition of 165 Lexington Avenue. The project, designed by […]
source https://therealdeal.com/2018/12/05/brooklyn-north-capital-riverbrook-land-46m-loan-for-kips-bay-condo-project/
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