Real Estate Rumors: Adam America, CIM Group, UC Santa Cruz

By Andrew McIntyre (May 3, 2016, 12:41 PM EDT) -- Adam America Real Estate has scored $29 million in construction financing from CapitalSource for a project in the Williamsburg neighborhood of Brooklyn, New York, according to a report on Monday from Commercial Observer. The loan is for 308 N. 7th St., where Adam America is planning to build 38 condos, Commercial Observer said. The property will also have a fitness center and rooftop area, according to the report....

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