News October 20, 2020
Fortis Property Group Lands $163M Brooklyn Project Loan
Madison Realty Capital has originated a $162.8 million financing package for Olympia, a 31-story project with 74 condominium units in Brooklyn’s DUMBO neighborhood. Fortis Property Group broke ground on the development in June 2019 and vertical construction began in July this year, the project is slated for completion in 2021. MRC is actively investing nationwide with loan amounts from $5-500 million.