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Family Office Nets $50M Loan Backing Alabama Property

Hillcrest Acquisitions is constructing a multifamily property in the Huntsville area. Hillcrest Acquisitions, a New York-based family office that invests in and develops multifamily and skilled nursing properties throughout the eastern U.S., has received a $49.5 million loan from 3650 REIT to complete construction of The Gabriel, a 288-unit community in the Huntsville, Ala., market.
United States Moshe Herskovich Marc Tropp Jonathan Roth Eastern Union Funding Capstone Building Corp

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