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Asland Capital Partners and Pembroke Residential Holdings secure $100M of construction financing for 154-unit affordable senior apartment project in NYC

Asland Capital Partners (“Asland”) and Pembroke Residential Holdings (“Pembroke”) have secured $100 million in financing to begin the development of 1940 Turnbull Avenue, a 154-unit affordable residential property located in the Soundview Neighborhood of The Bronx, New York. The 14-story project, scheduled for completion in fall of 2024, will be.

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