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Jones Lang LaSalle Incorporated : Avery Hall secures $72.5M construction loan for latest Gowanus multi-housing development -October 17, 2023 at 02:57 pm EDT

NEW YORK, N.Y., Oct. 17, 2023 - JLL Capital Markets has arranged $72.5 million in construction financing for 544 Carroll St., a 17-story ground-up Class A multi-housing development in. ....

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TD Bank Provides $73M Construction Loan for Gowanus Residential Development – Commercial Observer

Developer Avery Hall has secured $72.5 million of construction financing to build a multifamily development in Gowanus, Brooklyn. ....

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TD Bank Provides $73M Construction Loan for Gowanus Residential Development

Developer Avery Hall and its joint venture partners Declaration Partners and Bridge Investment Group have secured $72.5 million of construction financing to build a multifamily development in Brooklyn’s Gowanus neighborhood, Commercial Observer has learned. TD Bank supplied the loan for the developers’s planned 17-story project at 544 Carol Street, which is slated for completion in late 2025. JLL (JLL)’s Christopher Peck and Peter Rotchford arranged the transaction through Bridge Investment Group’s qualified opportunity zone vehicle launched in 2018. ....

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