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Family Office Nets $50M Loan Backing Alabama Property - Vimarsana News

Family Office Nets $50M Loan Backing Alabama Property

Published: May 11, 2023

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.

Source: multihousingnews.com
Related Topics:
United StatesMoshe HerskovichMarc TroppJonathan RothEastern Union FundingCapstone Building CorpNew York BasedEvent DrivenSenior Managing Director Marc TroppEastern UnionBlackstock ArchitectsElevate ApartmentsDania BeachRoyal Palm
3650 REIT Provides $50M Construction Loan for Alabama Apartments - Vimarsana News

3650 REIT Provides $50M Construction Loan for Alabama Apartments

Published: May 5, 2023

Family office Hillcrest Acquisitions nabbed $49.5 million of construction financing to complete an Alabama multifamily development.

Source: commercialobserver.com
Related Topics:
United StatesNishant NadellaJonathan RothJustin KennedyMoshe HerskovichToby CobbEastern Union Marc TroppCapstone Building CorporationNew York BasedHillcrest AcquisitionsCommercial ObserverMarc TroppWilliams Blackstock ArchitectsJonathan RothMarc TroppMoshe Herskovich