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Bronx Mixed-Use Development Gets $16 Million Construction Loan

Developer Secures Construction Debt Through Acres Capital

The mixed-use project will be located at 653-655 Mace Ave. in the Bronx's Allerton neighborhood. (Progress Capital)
The mixed-use project will be located at 653-655 Mace Ave. in the Bronx's Allerton neighborhood. (Progress Capital)

A mixed-use development project in the Bronx's Allerton neighborhood that's set to include affordable housing has received a $16 million construction loan.

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