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Truist Provides $66M Construction Loan for Multifamily Project in Port Chester, New York
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Truist Provides $66M Construction Loan for Multifamily Project in Port Chester, New York
PORT CHESTER, N.Y. — Charlotte-based Truist Bank has provided a $66 million construction loan for a 203-unit multifamily project in Port Chester, located along the New York-Connecticut border. The site is located at 70 Abendroth Road in the downtown area. The six-story building will include roughly 20 affordable housing units that will be reserved for households earning 60 percent or less of the area median income, as well as 10,000 square feet…
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