US EditionRiverwalk Phase III & IV: $131.1M bridge financing secured for luxury multifamily in Elmwood Park
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Riverwalk Phase III & IV: $131.1M bridge financing secured for luxury multifamily in Elmwood Park
JLL Capital Markets said Aug. 5 that it has secured a $131.1 million senior financing for Riverwalk Phase III & IV, a 390-unit luxury multifamily/mixed-use development in Elmwood Park. JLL represented the borrower, a privately-owned real estate development company headed by Bernard F. Langan, in arranging the five-year, fully extended floating-rate loan through MF1 Capital LLC, a 50/50 joint venture between Limekiln Real Estate and Berkshire Res…
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