Tuesday 29 January 2019

Clipper Equity gets $136M refi for GWB apartment complex

David Bistricer’s Clipper Equity just got a debt injection from Freddie Mac for an apartment complex that straddles the interstate leading to the George Washington Bridge. The owner entity, which includes investor Jacob Schwimmer, secured a $136 million refinancing of the 480-unit Bridge Apartments at 111 Wadsworth Avenue and 1360 St. Nicholas Avenue, according to filings recorded Tuesday with the city’s Department of Finance. There are four, 32-story buildings in the complex. The main lender […]



source https://therealdeal.com/2019/01/29/clipper-equity-gets-136m-refi-for-gwb-apartment-complex/

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