US EditionDwight Provides $155M Refi on Two-Building Bronx Multifamily
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Dwight Provides $155M Refi on Two-Building Bronx Multifamily
Dwight Mortgage Trust, the affiliate REIT of Dwight Capital, has provided a $155-million bridge loan to refinance 261 & 315 Grand Concourse, a newly developed 405-unit multifamily community in the Bronx. The financing was originated on behalf of the sponsor, Beitel Group, and brokered by Pinchas Vogel at Landstone Capital Group. The project is eligible for a 35-year 421-a tax abatement and Brownfield Tax Credits and is enrolled in the NYC Volunt…
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