Highbridge affordable signs $159.7M rehab construction loan with Webster Bank for 28 properties
Highbridge Community Development Corporation through the entity Highbridge Rising Housing Development Fund Corp as borrower signed a rehab construction loan with lender Webster Bank valued at $159.7 million for 28 properties with 727 residential units including the 71-unit residential walkup building (C1) at 1360 Merriam Avenue in Highbridge, Bronx, 59-unit residential elevator building (D7) at 115 West 172nd Street in Mt Eden, Bronx, and 35-unit…
