NEW YORK--(BUSINESS WIRE)--Madison Realty Capital (MRC), an institutionally-backed real estate investment firm focused on real estate equity and debt investments in the middle markets, provided a $270.0 million construction loan for a major development project at the former Rheingold Brewery site in Bushwick, Brooklyn. All Year Management, a repeat borrower with several previous projects financed by MRC, is developing two separate buildings comprising over 1 million square feet, with 911 residential units, 20,650 square feet of retail space, and 533 parking spaces.
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