Affinius Capital Provides $40.7M Construction Loan for Upper Manhattan Multifamily Project
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Affinius Capital Provides $40.7M Construction Loan for Upper Manhattan Multifamily Project
NEW YORK CITY — Affinius Capital has provided a $40.7 million construction loan for an 84-unit multifamily project in Upper Manhattan. The borrower is Haussmann Development. The site is located within a Qualified Opportunity Zone at 16–20 Convent Ave., adjacent to Columbia University’s campus, and the mixed-income project will be developed pursuant to New York City’s 485-x tax abatement program. Information on floor plans, income restrictions an…
Strathcona Capital, Belay Investment Group Close $32.7MM Construction Loan for 105-Unit Seattle Multifamily Project
Strathcona Capital and Belay Investment Group closed their first deal together, a $32.7 million construction loan for a 105-unit Seattle multifamily project, launching a new programmatic joint venture aimed at construction and bridge financing nationally. A newly formed lending partnership between Strathcona Capital and Belay Investment Group has closed its first deal, providing a $32.7 million construction loan for a 105-unit multifamily projec…
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