Goldman Sachs’ Urban Investment Group leads a $278 million financing for L+M Development Partners to build Arverne East Building D, a Queens project. The building is the 320-unit phase of the broader Arverne East development, and the financing supports its construction.
Goldman Sachs celebrates, with Slate Property Group and RiseBoro Community Partnership, completion of a 216-unit affordable mixed-use development at 326 Rockaway Avenue in Brownsville, Brooklyn. The building’s housing is entirely allocated to low-income and formerly homeless New Yorkers. The project marks completion of Goldman Sachs’s nearly $170 million commitment to affordable housing in Brooklyn.
CIS deploys a second tranche of private financing from its credit facility with the Urban Investment Group at Goldman Sachs Alternatives. The financing supports stormwater mitigation across Greater Milwaukee through the Fresh Coast Protection Partnership.
Sunwealth announces a $30 million construction loan facility with the Urban Investment Group at Goldman Sachs Alternatives to develop solar, solar-plus-storage, and standalone storage projects across the United States. The financing supports the development of these clean energy project types nationwide.
