“With the City and State mandated for MWBE participation, having Federated National Land on the team not only assists with satisfying the prerequisite, but it’s also great having a familiar group on the team.”

- Pierre Downing, Notias

Description

497 residential units and 9,000 SF of commercial space in the Mount Hope neighborhood of the Bronx.

Finance and Development Partners

Mount Hope Housing Company, Inc.
Notias Development, Inc.
Monadnock Development
Kalel Holdings
NYC HDC

FNL's role

This complex deal involved 13 distressed scattered-site parcels with numerous title complications. As lead agent, Federated National Land provided full title search, clearance, policies, and escrow services.

Mount Hope Preservation Apartments in the Mount Hope neighborhood of the Bronx.