Refinancing Loan Secured For Arris Grand at 445 Grand Avenue In Clinton Hill, Brooklyn
Haussmann Development has secured a $49.5 million refinancing loan for Arris Grand, a mixed-use development at 445 Grand Avenue in Clinton Hill, Brooklyn. The loan, provided by QuadReal Property Group, replaces a $46 million construction loan from Scale Lending. Haussmann made a controlling minority investment in the property in 2024, overseeing the refinancing and serving as the local operating partner.