Apex Development Group and Knickpoint Ventures have sealed a $32 million debt package for the acquisition and construction of a charter school facility in Elmhurst, Queens. LIIF provided funding to make the scaling of Forte Prep a reality.
Read the Commercial Observer article.
Read the Connect CRE article.
A lending syndicate of nonprofit groups — Low Income Investment Fund, Enterprise Community Loan Fund and Reinvestment Fund — provided the loan for the sponsorship’s planned 60,000-square-foot facility.
Commercial Observer article