Rabsky-affiliated group scores $340M for Gowanus project
Sky Equity Group secured a $340 million loan from Affinius Capital to refinance the remaining construction on a multifamily rental complex in Gowanus. The loan will allow the builders to finish construction and lease the 603-unit, mixed-use complex at 313 Bond St, Commercial Observer first reported. Terms of the refinancing were not disclosed. Sky Equity is reportedly affiliated with Simon Duchinsky’s Rabsky group; the loan for the project replaces Rabsky’s existing $286 million construction loan that G4 Capital provided last year. G4 also provided a $92 million pre-development loan in 2022. Rabsky bought the site for $95 million from Yoel […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts
Former Silverstein CEO Marty Burger, investment firm hired to manage Shvo’s partner’s US assets
Soho House goes private in $2.7B deal
Downtown Brooklyn hits record pace in housing
Park Slope’s priciest listing scores contract
Another condo at 111 West 57th Street leads Manhattan’s luxury contracts
Flagstar takes aim at Joel Wiener’s portfolio management, valuations
Home values are rising in half the country, falling in the other
Midtown Manhattan: A tale of two office markets
What’s in a record? Anatomy of a news-worthy deal
The highs and lows of reselling on Billionaires’ Row