NEW YORK, July 14 (Bernama-BUSINESS WIRE) -- Madison
Realty Capital (MRC), an institutionally-backed real estate investment
firm focused on real estate equity and debt investments in the middle
markets, provided a $270.0 million construction loan for a major
development project at the former Rheingold Brewery site in Bushwick,
Brooklyn. All Year Management, a repeat borrower with several previous
projects financed by MRC, is developing two separate buildings
comprising over 1 million square feet, with 911 residential units,
20,650 square feet of retail space, and 533 parking spaces.
MADISON REALTY CAPITAL PROVIDES $270.0 MILLION CONSTRUCTION LOAN FOR MIXED-USE DEVELOPMENT AT FORMER RHEINGOLD BREWERY SITE IN BUSHWICK
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