Williamsburg Bridge, New York.
NEW YORK CITY- Rockport Mortgage Corporation has closed an FHA Section 223(f) refinancing loan of $38.6 million for Union Street Houses in Brooklyn. Scott Jaffee, a managing member of Metropolitan Realty Group, owns the property.
Situated in the Crown Heights neighborhood of Brooklyn, the property consists of 119 units contained within six buildings. The buildings were constructed between 1914 and 1925 and are a mix of studios and one, two and three-bedroom units.
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Mariah Brown
Mariah Brown is the New York Bureau Chief and Real Estate Reporter for GlobeSt.com, covering the New York Metro area, Northeast region and national real estate trends. She is responsible for producing multi-media content, including articles, podcasts and video. Before joining the GlobeSt team, she served as a New York Times fellow, reported for the Associated Press in New York and Philadelphia and several other New York City-based outlets.
