EMP Capital Lands $110M Loan for Atlantic Avenue Project
Elie Pariente’s EMP Capital Group nabbed a nine-figure construction loan for its multifamily development at 870-888 Atlantic Avenue. QuadReal Property Group provided $110 million for the 246-unit mixed-use project, according to financial services firm Walker & Dunlop, which brokered the loan. Pariente bought the Prospect Heights property from Odyssey Realty for $26 million in November