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Catsimatidis’ Red Apple scores $90M refi for Fort Greene rental
Bank of America is the lender for 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 [TRDataCustom] and Bank of America were not immediately available for comment.