Photo credit; Justin Bautista on Unsplash
NEW YORK CITY—Exact Capital rehabilitated 333 affordable, residential rental units and four retail spaces in 19 buildings across the Bronx. The real estate firm with Bronx Shepherd Restoration Corporation renovated properties in the Soundview, Claremont Village, University Heights and Longwood neighborhoods.
The assets included 17 walkups and two elevator buildings, ranging from two to seven stories. Totaling $9 million, the improvements included new roofs, boilers, repointing, refreshed common areas, new kitchens and upgraded bathrooms.
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Betsy Kim
Betsy Kim was the bureau chief, East Coast, and New York City reporter for Real Estate Forum and GlobeSt.com. As a lawyer and journalist, Betsy has worked as the director of editorial and content for LexisNexis Lawyers.com, a TV/multi-media journalist for NBC and CBS affiliated TV stations in the Midwest, and an associate producer at Court TV.
