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Oct 4, 26Deal closedHekemian Group · North Carolina Investment Authority · District Montvale — coverage
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RXR and North Carolina Investment Authority lend $45 million for Hekemian's District Montvale
The loan comes from RXR Cardinal Venture, a $500 million partnership, and lands on the 308-unit building that opened in 2022 and is 95 percent leased.