Caro Enterprises signs $20M refi with Bank of America for 69-unit rental in Williamsburg
Caro Enterprises through the entity Williamsburg Lofts Owner, LLC as borrower signed a refi loan with lender Bank of America valued at $20 million for the 69-unit residential elevator building (D3) at 390 Wythe Avenue in Williamsburg, Brooklyn. The deal closed on September 18, 2024 and was recorded on September 23, 2024. The prior lender was Hines which held debt that had an original loan…
