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All Year Management lands $65M mezz loan for Rheingold Brewery

Mack Real Estate Group provides the developer with $65 million in mezz financing

Rendering of All Year Management’s Rheingold Brewery Development (Credit: ODA)

Yoel Goldman’s All Year Management has secured a $65 million mezzanine loan from Mack Real Estate Group for the second phase of its Rheingold Brewery redevelopment. Madison Realty Capital will continue to hold a $165 million loan on the property, according to TRD.

Plans: Upon completion, the Bushwick project will span over 400,000 square feet. It will contain over 800 units, a large retail component (100,000 square feet), and a park. Goldman paid a total of $140.7 million for the site.

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