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In north Brooklyn, David Bistricer landed fresh financing for a Greenpoint rental complex. In Downtown Brooklyn, his firm could be on the outs with a troubled office property.  Clipper Equity is facing foreclosure on 250 Livingston Street, with the mortgage backing the building will be sent to special servicing next week, Crain’s reported.  Clipper became delinquent on the $125 million mortgage last month. The firm is considering handing the keys to the property back to the lenders, though Bistricer believes he can resolve the issue with the lenders and duck foreclosure proceedings, tapping IronHound Management to assist Clipper through negotiations. […]

This article originally appeared on The Real Deal. Click here to read the full story.

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