Fortis Property Group has secured financing for its planned 26-story condo building in Dumbo, according to city records filed on Wednesday. The $92 million loan was provided by Madison Realty Capital, and consists of a $66 million mortgage as well as a $15 million building loan and $10 million project loan. Fortis closed on its acquisition of the development site at 30 Front Street last week. The site had previously served as a parking lot for […]
source https://therealdeal.com/2018/12/26/fortis-secures-92m-financing-for-dumbo-condo-project/
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