Image Source: AsiaOne
Madison Realty Capital Provides $53 Million Construction Financing to Heritage Equity Partners for Multifamily Development in BrooklynGlobeNewswireJanuary 19, 2021NEW YORK, Jan. 19, 2021 (GLOBE NEWSWIRE) -- Madison Realty Capital, a New York City based real estate private equity firm focused on debt and equity investment strategies, today announced it has provided $53 million in construction financing to Heritage Equity Partners, led by Toby Moskovits and Michael Lichtenstein, for a 150-unit ground-up multifamily development located at 875 4th Avenue between 32nd and 33rd Streets, in “South Park Slope,” also known as the Sunset Park neighborhood of Brooklyn, NY.
Source: AsiaOne