Clipper Equity gets $136M refi for GWB apartment complex

  • Jan. 29, 2019
  • The Real Deal

David Bistricer’s Clipper Equity just got a debt injection from Freddie Mac for an apartment complex that straddles the interstate leading to the George Washington Bridge. The owner entity secured a $136 million refinancing of the 480-unit Bridge Apartments. There are four, 32-story buildings in the complex. The main lender behind the debt is Walker & Dunlop, a Bethesda, Maryland-based commercial real estate finance firm. 

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