Catsimatidis’ Red Apple scores $90M refi for Fort Greene rental

Bank of America is the lender for 180 Myrtle Avenue
By Miriam Hall | August 29, 2017 06:09PM

John Catsimatidis and 180 Myrtle Avenue

John Catsimatidis’ Red Apple Group secured $90 million to refinance its rental building in Fort Greene, according to property records filed with the city Tuesday.

Bank of America provided the money, which documents show includes a new $20 million mortgage consolidated with $70 million in previous debt. That mortgage was was originated in 2014.

Known as the Margo, 180 Myrtle Avenue  has 228 units, with an average asking price of $3,385, according to StreetEasy.

Representatives for Red Apple TRData LogoTINY and Bank of America were not immediately available for comment.