US EditionAffinius Capital Provides $200M Construction Loan for Brooklyn Multifamily Project
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Affinius Capital Provides $200M Construction Loan for Brooklyn Multifamily Project
NEW YORK CITY — Affinius Capital has provided a $200 million construction loan for 200 Douglass, a 276-unit multifamily project that will be located in the Gowanus area of Brooklyn. The 21-story building will house studio, one-, two- and three-bedroom units that will be furnished with in-unit washers and dryers and oversized floor-to-ceiling windows. Amenities will include an outdoor lap pool with cabanas, multiple rooftop terraces, fire pits an…
$200M Construction Loan Goes to Gowanus Luxury Apartments
Affinius Capital LLC has originated a $200-million construction loan for 200 Douglass, a Class A multifamily property located in the Gowanus neighborhood of Brooklyn. The loan was made to Midwood Investment & Development, a leading New York-based developer, owner, and operator led by John Usdan. arranged the financing. David Greenburg, Affinius managing director and co-head of debt origination, said, “This development will deliver much-needed ho…
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