Keybank Lends $49M on New Haven Science Park Mixed-Use Development
A joint venture between Twining Properties and LMXD will build nearly 300 units of housing and retail near Yale University.
BY BRIAN PASCUS DECEMBER 28, 2023 10:41 AM
A joint venture between Twining Properties and LMXD has secured $59.5 million in financing to build Winchester Green, a mixed-income, residential and retail development in New Haven, Conn., Commercial Observer has learned.
Keybank (KEY) provided a $49 million senior loan for the project, while the New Haven Housing Authority provided a $10.5 million tax exempt loan in the deal.