search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421a$1.8B in Parkmerced debt heads to special servicing$1.8B in Parkmerced debt heads to special servicingHarry Macklowe faces major losses on Miami, Midtown projectsHarry Macklowe faces major losses on Miami, Midtown projectsLincoln Property defaults on Newport Beach office loanLincoln Property defaults on Newport Beach office loan
New York

Ridge Hill loan gets refinancing, two-year extension

Sign Up for the undefined Newsletter

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

Tags
Forest City Ratner