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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 and 180 Myrtle Avenue
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.

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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.

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