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Newmark Arranges $47.6 Million Refinancing for 170-Unit Brooklyn Apartment Property

PUBT·11/10/2026 04:53:16
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Newmark Arranges $47.6 Million Refinancing for 170-Unit Brooklyn Apartment Property
  • Newmark arranged a $47.6 million loan for The Hudson Companies to refinance The Clark, a 170-unit multifamily property in Brooklyn.
  • Benefit Street provided financing for the property at 310 Clarkson Avenue in Prospect Lefferts Gardens.
  • Completed in 2018, the Class A building includes market-rate, rent-stabilized and affordable apartments. Its 35-year tax abatement extends through June 2054.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Newmark Group Inc. published the original content used to generate this news brief on November 09, 2026, and is solely responsible for the information contained therein.