REBusinessOnline

Madison Realty Capital Provides $14.5M Refinancing for Mixed-Use Property in Brooklyn

1357 Flatbush Ave. in Brooklyn

NEW YORK CITY — Madison Realty Capital (MRC) has provided a $14.5 million loan to refinance a mixed-use property in Brooklyn. Located at 1357 Flatbush Ave., the seven-story, 37,133-square-foot, mixed-use building includes 36 apartment units as well as 7,000 square feet of retail space. Madison Realty Capital provided the financing to Hello Living, a developer and repeat MRC borrower. Terms of the financing were not disclosed. 

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