Joint Venture Clinches $218 Million for Alafia Phase III in Brooklyn

By Maria Maruta · Multi-Housing News · 2026-07-13

Multi-Housing News reports that a partnership between Apex Building Group, L+M Development, RiseBoro, and Services for the Underserved has landed $217.8 million in financing for the next stage of an East New York master-planned community. This third phase will provide 273 apartme

Multi-Housing News reports that a partnership between Apex Building Group, L+M Development, RiseBoro, and Services for the Underserved has landed $217.8 million in financing for the next stage of an East New York master-planned community. This third phase will provide 273 apartme