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Recently Built Apartment Complex in New Rochelle Gets $32 Million Refinancing

New Bridge Financing Replaces Construction Debt for 110-Unit The Millennia
The Millennia, located in New Rochelle, New York, includes 110 apartments with a mix of studio, one- and two-bedroom floor plans averaging 903 square feet. (Courtesy of Black Bear Capital Partners)
The Millennia, located in New Rochelle, New York, includes 110 apartments with a mix of studio, one- and two-bedroom floor plans averaging 903 square feet. (Courtesy of Black Bear Capital Partners)
By Anne Cole Walker
CoStar Research
October 15, 2020 | 8:03 P.M.

A $32 million bridge loan has been secured for a newly built apartment complex in New Rochelle, New York, called the Millennia.

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