BFC Partners has received about $66.8 million in state loans for its residential development in Jamaica. The financing includes a fee and leasehold mortgage for about $39.7 million and a fee and leasehold subsidy mortgage for about $27.1 million, according to property records. The project is known as Jamaica Avenue Apartments, and BFC is constructing it with New Destiny Housing. BFC filed plans for the project over the summer. It will be located at 153-19 […]
source https://therealdeal.com/2019/01/02/jamaica-resi-project-lands-67m-in-state-loans/
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