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NEW YORK CITY — Walker & Dunlop has arranged a $110 million construction loan for a 246-unit development to be located at 880 Atlantic Ave. in the Prospect Heights neighborhood of Brooklyn. Units will come in studio, one- and two-bedroom floor plans. The property will also include 13,000 square feet of commercial space.
Aaron Appel, Keith Kurland, Jonathan Schwartz, Adam Schwartz, Jordan Casella and William Herring of Walker & Dunlop arranged the financing on behalf of the developer, EMP Capital Group. QuadReal Property Group provided the financing.