TPG Real Estate Credit has provided $173 million of short-term financing against the recently completed Lorimer House apartment property, with 270 units in the South Williamsburg section of Brooklyn, N.Y. The loan, arranged by JLL Capital Markets, allowed the property’s developer, a venture of Loketch Group, Joyland Group and Meral Property Group, to retire construction […]

The post TPG Lends $173Mln for 270-Unit Apartment Property in Brooklyn, N.Y. appeared first on Commercial Real Estate Direct.