Grubb Properties Secures $377M for 8 Carlisle | Real Estate News

Grubb Properties just secured a jaw-dropping $377 million construction loan for their 64-story rental tower at 8 Carlisle Street in the Financial District — a ground-up marvel with 462 units set to become one of Lower Manhattan’s tallest residential buildings. Already more than halfway built, the project marks Grubb’s major NYC debut and bolsters their national portfolio of over 5,500 apartments. Backed by Maxim Capital Group and Skylight Real Estate Partners, this bold move signals strong confidence in the Financial District’s future, even as the city navigates shifting economic tides. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/744c3d7efd1512a3