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Real Estate Rumors: Tishman, Isaac Chetrit, Resource REIT

By Andrew McIntyre (December 8, 2015, 6:59 PM EST) -- Tishman Speyer Properties LP has scored $640 million in construction financing from Bank of America Merrill Lynch and Wells Fargo for the firm's luxury residential and retail project in Long Island City, Commercial Observer reported on Tuesday, citing a source with knowledge of the matter. The financing is for a 1,789-unit project, 1.2 million-square-foot project Tishman is developing with H&R Real Estate Investment Trust, according to the report. The project, which will include towers on Jackson Avenue and Queens Boulevard, includes 15,500 square feet of retail, Commercial Observer said....

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