Northwind Group, a Manhattan-based real estate private equity firm and debt fund manager, originated a $208-million first mortgage construction loan for 141 Willoughby St., a 24-story, 355,000-square-foot Class A tower in Downtown Brooklyn. Loan proceeds retired the existing debt on the property and will fund its partial conversion into 239 rental apartments across floors 8 ...
Paul Bubny is a Senior Content Director at Connect Money. He specializes in construction and real estate, focusing on commercial real estate, real estate development, and investment, as well as the housing market and local economic policies. Paul has been featured in Connect Money, CDC Gaming Reports, Connect CRE, and Connect CRE Canada.