Ruby Schron’s Cammeby’s International Group scored a $500 million Fannie Mae loan for its nearly 3,300-unit megacomplex in Queens, according to property records.
Capital One provided the refinancing, which includes a nearly $190 million multifamily mortgage. It covers hundreds of low-rise buildings and a vacant plot of land, stretched across eight tax lots surrounding the Long Island Expressway, city records show. The new financing replaced a $325 million debt package through Independence Community Bank from 2006.
Representatives for Schron and Capital One could not immediately be reached for comment.
Cammeby’s earlier this year landed a $135 million refinancing for a Brighton Beach apartment complex built by President Donald Trump’s father, Fred Trump. Capital One again provided the financing for that deal.