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Real estate finance heads would be wise to train their eyes beyond New York City, where a pair of nine-figure debt deals unfolded in recent days. Closer to the Big Apple, Rose Associates and Battery Global Advisors refinanced their 440-unit Alexander Crossing multifamily complex in Yonkers, the Commercial Observer reported. Walker & Dunlop provided the $116 million, five-year, fixed-rate Fannie Mae loan. The seven-story apartment complex opened roughly 10 months ago. It sits on a four-acre parcel and is approximately three miles from the New York City border. A Walker & Dunlop team including Aaron Appel, Jonathan Schwartz and Keith […]

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

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