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Billy Macklowe lands $143M loan for Park Slope project

Billy Macklowe and 120 Fifth Avenue in Park Slope (Getty Images, Google Maps)
Billy Macklowe and 120 Fifth Avenue in Park Slope (Getty Images, Google Maps)
Source: The Real Deal

Billy Macklowe has plans and tenants in place for his Park Slope project. Now, he has construction financing, too. The William Macklowe Company and Senlac Ridge Partners landed a $143 million loan for the development at 120 Fifth Avenue in Brooklyn, the New York Business Journal reported. Sumitomo Mitsui Trust Bank provided the financing. Cushman & Wakefield’s Gideon Gil and Lauren Kaufman represented the two borrowers. The loan is the latest sign of progress for

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