May 22, 2024

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

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