Kirk Pinho
- The financing package has been finalized for an under-construction multifamily development with 199 apartment units in Detroit that is expected to be complete by the end of the year. The $65 million The Scott at Brush Park project received a $37.75 million construction loan and a $4.91 million bridge loan from Fifth Third Bank, plus $4 million from Capital Impact Partners’ and J.P. Morgan Chase & Co.’s Detroit Neighborhoods Fund LLC, $2 million from the Detroit Investment Fund
Kirk Pinho
- The financing package has been finalized for an under-construction multifamily development with 199 apartment units in Detroit that is expected to be complete by the end of the year. The $65 million The Scott at Brush Park project received a $37.75 million construction loan and a $4.91 million bridge loan from Fifth Third Bank, plus $4 million from Capital Impact Partners’ and J.P. Morgan Chase & Co.’s Detroit Neighborhoods Fund LLC, $2 million from the Detroit Investment Fund