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November 25, 2025

Financing Secured For Melrose Concourse Affordable Developments in Claremont and Morrisania, The Bronx

New York YIMBY

Walker & Dunlop has arranged $19.1 million in combined equity and debt financing for Melrose Concourse, a collection of three new affordable housing developments in The Bronx at 404 Claremont Parkway in Claremont, and 1169 Washington Avenue and 12 Gouverneur Place in Morrisania.

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