Multifamily Construction
Multifamily Construction
Location: Rockland CountyProperty Type: Multifamily
Size: 110 units
Investment Type: First Mortgage
Investment Size: $17,000,000
Closing Date: August 2011
RCG Longview originated a $17,000,000 first mortgage construction loan for the development of a five-story high-end multifamily building with 110 units located along the Hudson River in Rockland County. The property was approximately 75% complete at closing. The property is part of a master-planned waterfront community.
