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NewsJul 6, 20260 views

Citigroup Refis East Flatbush Apartments With $35M Loan

Developer Jacob Rosenberg has landed a $35 million loan to refinance a newly built multifamily property in Brooklyn’s East Flatbush neighborhood. Citigroup supplied the loan for the 95-unit apartment building at 406 Remsen Avenue that was completed in 2024. PincusCo. first reported the refi, which c

Source: Commercial Observer

Developer Jacob Rosenberg has landed a $35 million loan to refinance a newly built multifamily property in Brooklyn’s East Flatbush neighborhood. Citigroup supplied the loan for the 95-unit apartment building at 406 Remsen Avenue that was completed in 2024. PincusCo. first reported the refi, which closed June 26. Meridian Capital Group negotiated the debt with […]

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