US·Refinancing·Multifamily
MF1 Capital refinances Flatbush multifamily project with $170M loan to Clipper Equity
Value
$170M
Location
Brooklyn, Kings County, New York
Date
2026-04-07
Companies
MF1 Capital, Clipper Equity, Scale Lending
The project is part of a four-building complex totaling 877 rental units and is located on the site of a former landmarked Sears building. A portion of apartments are designated affordable and the project received a 35-year tax credit under the former 421a program.
refinancingmultifamilybrooklyn
Source
Commercial Observer