Developer Secures Refinancing for The Eve At 827 Sterling Place In Crown Heights, Brooklyn
Haussmann Development has secured $40.75 million in refinancing from ACRES Capital for The Eve, a newly completed residential building at 827 Sterling Place in Crown Heights, Brooklyn. The loan replaces a $38.5 million construction financing package from Urban Standard Capital, which was paid off at $35.8 million. Designed by Issac & Stern Architects and developed by Haussmann Development, the fully electric project yields 76 residential units, including 23 affordable apartments. The property is located between Nostrand and Rogers Avenues.