Madison Realty Capital, a real estate equity and debt investment firm focused on the mid-market, provided $81million of financing for 55 Wythe Avenue in Williamsburg, Brooklyn in New York City. The developers, Level Hotel Brooklyn, are building a 260,000-square-foot mixed-use tower that will feature restaurants, 183 guestrooms, retail space and five stories of commercial office space.
Madison Realty issues $81m loan for Williamsburg development
Level Hotel Brooklyn will use the money for construction of a 22-story building that will include hotel rooms, retail and commercial space, a rooftop garden and pool.
