Friday 29 November 2019

Massive Far Rockaway apartment complex nabs $107M loan

A trio of apartment buildings in Far Rockaway have landed $107 million in refinancing. New York Community Bank provided Alma Realty with the new debt, according to property records. The buildings are located at 107-10 Shore Front Parkway, 106-20 Shore Front Parkway and 106-10 Shore Front Parkway, and they have a total of 770 residential units. The deal includes about $16.6 million in new financing. Representatives for Alma Realty and NYCB did not respond to



source https://therealdeal.com/2019/11/29/massive-far-rockaway-apartment-complex-nabs-107m-loan/

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