National Equity Fund Provides $76 Million Loan to Refinance 316-Unit Affordable Housing Community in Staten Island, New York
HACKENSACK, NJ - National Equity Fund (NEF), a leading national nonprofit affordable housing finance company, has provided a $75,700,000 loan to refinance a 316-unit multifamily property in Staten Island, New York. The financing comes in partnership with Iris Holdings Group, a national affordable housing developer and operator spearheading the development. The Seaview Estates Complex is comprised of four elevator buildings in the St. George waterfront neighborhood of Staten Island. The...
Source: multifamilybiz.com