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TF Cornerstone lands $484M refi for Midtown rental tower

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TF Cornerstone landed a $384 million construction loan for its 80/20 rental development at 606 West 57th Street from a consortium of banks.

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Refi Rates For Rental Property TF Cornerstone lands $484M refi for Midtown rental tower – With help from a state housing agency, TF Cornerstone has closed on a large refinancing deal for the Max. has 770 units at market rate rent and 258 affordable apartments. The 44-story tower was.

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Modular apartment project in Philadelphia’s University City is finally coming to fruition – Philadelphia Business Journal San Diego Luxury Hotel Lands $85M Bridge Financing The U.S. hospitality industry continues to grow, fueled by low unemployment, more disposable income and increased corporate travel demands. This, in turn, has led to a rise in hotel construction.Check out the 120 units getting ready to ship for The Klein Company’s project in the Northern Liberties of Philadelphia, Dwell Philadelphia. A project being built by Domus Construction. This new multi-family apartment complex will include 120 modular apartments that were designed by @BartonPartners, to fit the surrounding neighborhood.

In a play that would reverberate through Manhattan’s East Midtown district, TF Cornerstone and MSD Partners LP intend to redevelop the Grand Hyatt New York hotel, adjacent to Grand Central.

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10 reviews of TF Cornerstone "Overall great property/location and views on Manhattan are unbeatable. A lot of young professionals. It’s a convenient location (5 minute drive to Williamsburg and Astoria and 1 stop on the 7 to grand central) and the.