{"id":144304,"date":"2021-09-15T14:59:25","date_gmt":"2021-09-15T06:59:25","guid":{"rendered":"http:\/\/www.namnewsnetwork.org\/?p=144304"},"modified":"2021-09-15T14:59:25","modified_gmt":"2021-09-15T06:59:25","slug":"madison-realty-capital-originates-450-million-construction-loan-for-1098-unit-mixed-use-development-in-downtown-brooklyn","status":"publish","type":"post","link":"http:\/\/namnewsnetwork.org\/?p=144304","title":{"rendered":"Madison Realty Capital Originates $450 Million Construction Loan for 1,098-unit Mixed Use Development in Downtown Brooklyn"},"content":{"rendered":"\n<p><strong>NEW YORK, Sept 15 (Bernama-GLOBE NEWSWIRE) &#8212;<\/strong>&nbsp;Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced it has provided a $450 million loan to The Rabsky Group, one of the largest residential and commercial developers in Brooklyn and Queens, to complete development of a 1,098-unit, 35-story multifamily and retail mixed-use property at 625-635 Fulton Street at the intersection of Flatbush Avenue in Downtown Brooklyn, New York.<\/p>\n\n\n\n<p>Josh Zegen, Managing Principal and Co-Founder of Madison Realty Capital, said, \u201cThis transaction represents Madison Realty Capital\u2019s ability to deliver speed, certainty, and execution to top-tier borrowers in highly attractive submarkets. Accordingly, we are pleased to provide The Rabsky Group, a highly sophisticated and experienced developer with significant holdings throughout the New York metropolitan area, with a large and flexible financing solution.<\/p>\n\n\n\n<p><a href=\"http:\/\/mrem.bernama.com\/viewsm.php?idm=41008\">http:\/\/mrem.bernama.com\/viewsm.php?idm=41008<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW YORK, Sept 15 (Bernama-GLOBE NEWSWIRE) &#8212;&nbsp;Madison Realty Capital, a vertically integrated real estate private equity firm focused on debt and equity investment strategies, today announced it has provided a $450 million loan to The Rabsky Group, one of the largest residential and commercial developers in Brooklyn and Queens, to complete development of a 1,098-unit, [&hellip;]<\/p>\n","protected":false},"author":14,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[315],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/144304"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=144304"}],"version-history":[{"count":0,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/144304\/revisions"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=144304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=144304"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=144304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}