85 Flatbush Avenue
NEW YORK CITY- Madison Realty Capital has closed on a $76million financing package for 85 Flatbush Ave., a 12-story,177,966-square-foot mixed-use property in Downtown Brooklyn.Financing includes an MRC senior loan and Bluestone Group mezzaninefinancing.
Loan closing came down to the wire for the repeat borrower thatincluded a partnership of regional developers Isaac Hager and LipaRubin to complete the acquisition and cover all the transaction'sclosing costs.
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
