Charney, Tarvros land $125M Gowanus refi

Charney Companies and Tavros Capital landed a $125 million Freddie Mac loan to refinance the first building in their Gowanus Wharf campus. The developers, along with partner Canyon Partners Real Estate, secured the seven-year, fixed-rate loan for their 224-unit Union Channel building at 240 Third Avenue. “Union Channel is the cornerstone of our vision for Gowanus Wharf and reflects our conviction in the long-term trajectory of this neighborhood,” said Charney Companies Chief Operating Officer Justin Pelsinger. A JLL team led by Christopher Peck and Nicco Lupo arranged the financing. Charney and Tavros are the most active developers in Gowanus following […] This article originally appeared on The Real Deal. Click here to read the full story.