Greystone Arranges $35 Million in Ground and Leasehold Construction Financing for Young Companies Latest Development in New York
NEW YORK, NY - Greystone, a leading national commercial real estate finance company, today announced that it has simultaneously arranged a $14 million ground lease and a $21 million leasehold construction loan for The Young Companies. The ground lease proceeds were provided by Haven Capital and the leasehold construction loan was provided by RMWC to finance the development of four-story mixed-use residential development with 75 apartments and 7,300 SF of commercial space located at 600 North...
Source: multifamilybiz.com