The Real Deal New York

Ridge Hill loan gets refinancing, two-year extension

September 01, 2009 03:55PM

The development company behind Westchester’s Ridge Hill Project, Forest City Ratner Companies, has reached a refinancing agreement with a 13-member bank group on its $557 million construction financing loan, according to a press release sent today. The financing was originally set to mature in August 2010. That date has been extended to August 2012, with two 12-month extensions available. The retail and mixed-use project is currently under construction in Westchester County. TRD

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